Remove Competitive bidding Remove Purchasing Remove Strategic sourcing Remove Supply Chain Visibility
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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you.

article thumbnail

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

Procurement Software

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you.