Vendors in Source-to-Pay (S2P)

Solution suites that automate spend / supply analysis, sourcing (category management, supplier discovery, eRFx, auctions), contract management, supplier management (supplier information, performance management, risk management, relationship management), and the transactional procure-to-pay process (managing requisition/POs, receipts, invoices, payments). The suites also usually offer underlying capabilities for project management, savings tracking, supplier integration (often through their own captive supplier networks).