Remove Procurement team Remove Spend management Remove Strategic sourcing Remove Supply Chain Visibility
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The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. These modules can be purchased separately or as one complete suite.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. Every business has the opportunity to implement a procurement solution that promotes better overall spend management while working cohesively with other procurement strategies.

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

Procurement Software

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. P2P forms the later (or “downstream”, to use consultant jargon) stages of the S2P procurement process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you.

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

Procurement Software

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. P2P forms the later (or “downstream”, to use consultant jargon) stages of the S2P procurement process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you.