ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

MARCH 9, 2023

The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. Purchasing is also where value is captured (i.e.,

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

DECEMBER 18, 2019

It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Spend analysis — Improves negotiation position and leverage and increases contract compliance by correctly aggregating spend to the appropriate parent supplier. Some examples include: .

Supplier 40

Supplier Data Management Procurement 40