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What Is the Source-to-Pay (S2P) Process?

Pipefy

The cycle of S2P processes varies slightly depending on the business, procurement category, or industry, but they typically contain these 10 key steps: 1. RFx and bids Once the list of potential suppliers for the project has been finalized, the bidding process will begin.

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An Interview on The Role of Technology in the Future of Procurement with David Yarkin

HICX

David is a procurement practitioner who has spent nearly twenty years working in a number of organizations both in the public and private sectors. After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers.

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Procurement as a strategic advisory resource

Claritum

Procurement needs to transform and continue to transform to align to the business. Procurement has to move away from a transaction based function and become an advisory resource. The Category Manager needs to become more integrated into key business processes and more consultative in nature. 1 Introduction.

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Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

Buyers that don’t use enough suppliers make themselves vulnerable to dependency on one for certain goods or services. Procurement ROI How does money spent by a business’ procurement department pay off? Monitor the following essential supplier KPIs to stay informed on performance, compliance, and pricing.