[email protected] +92-323-4356-567
[email protected] +92-323-4356-567

What is Source-to-Pay?

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. It starts with identifying the right suppliers for a need, negotiating terms and contracting with them to receive goods and/or services. The last phase of the process includes invoicing and payment to suppliers.

Source to pay includes strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management) as well as downstream activities such as e-procurement, purchase orders, invoice automation and accounts payable and payment processes.

Businesses use the Source-to-Pay process to reduce costs, monitor and lower risk, improve innovation, strengthen supplier relationships and much more. Ivalua’s source-to-pay platform digitizes the complete process across all spend categories and all suppliers.

Discover Ivalua’s Source-to-Pay Solution

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Deliver Value
Quickly

  • Quickly deploy packaged solutions
  • Start your digitization journey
  • Streamline part of the source-to-pay process
  • Drive user adoption and awareness
  • Begin generating value
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Extend Value Generation Across Source-to-Pay

  • Expand source-to-pay transformation across all spend and all suppliers
  • Continuously identify, create, capture and monitor value across source-to-pay cycle
  • Deploy best practices and tailor processes to meet your business needs
  • Improve data quality and analytics across Source-to-pay
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Turn Source-to-Pay Into A Competitive Advantage

  • Enable true business agility and adaptability
  • Build a stronger and more resilient supplier base
  • Get a better handle on supplier risk management and performance
  • Impact innovation, sustainability, time to market and more
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Ivalua Turns your Source to Pay Process into a Value-Generating Cycle for Buyers and Suppliers

With Ivalua, Source to Pay is much more than a series of processes. Our customers and us see it more as a way to create and capture value for the business: Identify value by understanding all your spend and supplier relationships Create value by effectively executing sourcing strategies Capture value with contracts and a modern compliant buying experience Capture value with invoice automation and integrated payments Monitor and measure value with accuracy around information, risk and performance

Ivalua Platform

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Supplier Risk & Performance Management

All your supplier information, risk and performance data in one place. Suppliers are the key to it all. Collaborate with them in seamlessly across your source to pay process to get accurate information, assess risk and improve performance and even drive innovation. 360-degree view of all suppliers information and activity Supplier risk & performance assessment and action Structured collaboration plans to correct issues or drive innovation

Sourcing

A simple, collaborative and powerful sourcing solution to meet any need. Streamline, simplify and improve sourcing and esourcing activities and Procurement processes, ensuring best practices are adopted. Source ALL Spend Unparalleled project & initiative transparency Optimal supplier selections
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Contract Management

Lock in the value, manage the entire contract lifecycle with ease Ensure that contracts are easily searchable, tracked, and managed to maximize contract value and manage all contracting processes. A central contract & clause repository Faster contracting with collaborative authoring and negotiation Maximize contract value with compliance

eProcurement

Modern user experience meets enterprise control. Digital procurement solutions to empower your employees and suppliers. Simplify the buying experience, achieve high adoption, and manage all spend. A guided, e-commerce user experience Maximize user and supplier adoption and compliance Tailored workflows and digital business processes for all spend types
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Invoicing

Transform your accounts payable team into top performers within a touchless journey that handles every supplier invoice: Receive every invoice from PDF email to EDI without hidden fees Go touchless with supplier pre-matching for free in the Portal Automate the team with smart 4-way matching & one-click approvals

Payments

Streamline cross-border & domestic supplier payments with new levels of transparency that reduces inquiries & fraud. Hold onto your cash for longer with next-day payments – globally Pay suppliers regardless their currency from within the same workflow Real-time status updates including the moment it’s paid into the suppliers account
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Spend Analysis

Understand all your spend and identify value Unparalleled transparency into your spend through robust cleansing, classification and enrichment to uncover value generating opportunities Analyze spend from any and all sources Powerful classification in real-time Clear visibility and transparency into spend classification

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