Source To Pay

Source-to-pay (S2P) is a procurement process that involves managing and optimizing the entire procurement cycle, from sourcing goods and services to paying suppliers. The process starts with identifying the need for a particular good or service and ends with the payment to the supplier. Source-to-pay (S2P) automation refers to the use of technology to streamline and optimize the procurement process, from sourcing goods and services to paying suppliers. S2P automation typically involves the use of software solutions and digital tools to automate and standardize procurement tasks and workflows, reducing manual intervention and improving efficiency and accuracy. S2P automation typically covers…