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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

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The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

For the short-term, a shift to local production alleviated reliance on Asian suppliers and helped mitigate risk, but a longer-term solution will require identifying opportunities to optimize costs, find alternative suppliers and enhance supply chain visibility. Enter eProcurement.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Change requires Change Management. Change can be an uphill battle.

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A Journey to the Cloud Enables the Push to a Digital Supply Chain

Supply Chain Brain

Whiting says it was essential to engage in intensive change management, to ensure that the technology tools were deployed to their full potential. Yet no initiative on the scale of Schneider Electric’s can succeed without equal attention being paid to the human element.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. What is the benefit of using a single source to pay solution? Demand planning capabilities.

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Digital Transformation Journey in Supply Chain Planning

Solvoyo

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . This includes internal and external data sources.