Source-to-Pay (S2P)

Manage ALL Spend & ALL Suppliers without Compromise

Ivalua Recognized as a Leader In The Forrester Wave™: Supplier Value Management Platforms, Q1 2022

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What is Source-to-Pay?

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. It starts with identifying the right suppliers for a need, negotiating terms and contracting with them to receive goods and/or services. The last phase of the process includes invoicing and payment to suppliers.

Source to pay includes strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management) as well as downstream activities such as e-procurement, purchase orders, invoice automation and accounts payable and payment processes.

Businesses use the Source-to-Pay process to reduce costs, monitor and lower risk, improve innovation, strengthen supplier relationships and much more. Ivalua’s source-to-pay platform digitizes the complete process across all spend categories and all suppliers.

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    Deliver Value
    Quickly

    • Quickly deploy packaged solutions
    • Start your digitization journey
    • Streamline part of the source-to-pay process
    • Drive user adoption and awareness
    • Begin generating value
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    Extend Value Generation Across Source-to-Pay

    • Expand source-to-pay transformation across all spend and all suppliers
    • Continuously identify, create, capture and monitor value across source-to-pay cycle
    • Deploy best practices and tailor processes to meet your business needs
    • Improve data quality and analytics across Source-to-pay
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    Turn Source-to-Pay Into A Competitive Advantage

    • Enable true business agility and adaptability
    • Build a stronger and more resilient supplier base
    • Get a better handle on supplier risk management and performance
    • Impact innovation, sustainability, time to market and more
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Ivalua Turns your Source to Pay Process into a Value-Generating Cycle for Buyers and Suppliers

With Ivalua, Source to Pay is much more than a series of processes. Our customers and us see it more as a way to create and capture value for the business:

  • Identify value by understanding all your spend and supplier relationships
  • Create value by effectively executing sourcing strategies
  • Capture value with contracts and a modern compliant buying experience
  • Capture value with invoice automation and integrated payments
  • Monitor and measure value with accuracy around information, risk and performance

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Discover Ivalua Source-to-Pay

All your spend and your suppliers, in a single platform, without compromise. While that may seem like a dream, it’s not for many Ivalua customers. One platform connecting the complete source-to-pay process internally and across the supplier base with a layer of analytics across the process and an easy, intuitive and consistent user experience.

Ivalua enables businesses to get up and running rapidly anywhere along the source to pay process and power the complete digital transformation of Procurement when the organization is ready for it.

We don’t stop there, we believe that Procurement organizations can go well beyond best-in-class performance to create unique competitive advantages for their businesses.

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Ivalua’s Source-to-Pay suite was one of the best things we’ve done. Ivalua helped make things more efficient and brought so much transparency and value to Piramal.
Samit Datta Head of Global Supply Chain & IT, Piramal Glass
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Ivalua Platform

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Supplier Management Display

Supplier Risk & Performance Management

All your supplier information, risk and performance data in one place.

Suppliers are the key to it all. Collaborate with them in seamlessly across your source to pay process to get accurate information, assess risk and improve performance and even drive innovation.

  • 360-degree view of all suppliers information and activity
  • Supplier risk & performance assessment and action
  • Structured collaboration plans to correct issues or drive innovation
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Ivalua Sourcing Solution Screenshot

Sourcing

A simple, collaborative and powerful sourcing solution to meet any need.

Streamline, simplify and improve sourcing and esourcing activities and Procurement processes, ensuring best practices are adopted.

  • Source ALL Spend
  • Unparalleled project & initiative transparency
  • Optimal supplier selections
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Contract Management

Lock in the value, manage the entire contract lifecycle with ease

Ensure that contracts are easily searchable, tracked, and managed to maximize contract value and manage all contracting processes.

  • A central contract & clause repository
  • Faster contracting with collaborative authoring and negotiation
  • Maximize contract value with compliance 
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P2P Catalog Display

eProcurement

Modern user experience meets enterprise control.

Digital procurement solutions to empower your employees and suppliers. Simplify the buying experience, achieve high adoption, and manage all spend.

  • A guided, e-commerce user experience
  • Maximize user and supplier adoption and compliance
  • Tailored workflows and digital business processes for all spend types
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Buyer O2P

Invoicing

Transform your accounts payable team into top performers within a touchless journey that handles every supplier invoice:

  • Receive every invoice from PDF email to EDI without hidden fees
  • Go touchless with supplier pre-matching for free in the Portal
  • Automate the team with smart 4-way matching & one-click approvals
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Payments

Payments

Streamline cross-border & domestic supplier payments with new levels of transparency that reduces inquiries & fraud.  

  • Hold onto your cash for longer with next-day payments – globally
  • Pay suppliers regardless their currency from within the same workflow
  • Real-time status updates including the moment it’s paid into the suppliers account
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Sourcing screenshot of ivalua platform - Strategic Sourcing Solutions

Spend Analysis

Understand all your spend and identify value

Unparalleled transparency into your spend through robust cleansing, classification and enrichment to uncover value generating opportunities 

  • Analyze spend from any and all sources
  • Powerful classification in real-time
  • Clear visibility and transparency into spend classification
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With the right team and the right technology, true digital transformation is possible. Ivalua’s platform empowered us to realize virtually 100% paperless procurement and account payable processes. The ease of use and supplier friendly model delivered rapid value, and the flexibility helped bring our talent’s best ideas to life to build a competitive advantage.
William Mertz Procurement Director
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Resources

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Ivalua Demo

Discover Ivalua Source-to-Pay

Creating Value Across Your
Source-to-Pay Process

 

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Procurement Research

The 2021 Pivot: How Leading CPOs Are Mastering Procurement’s Post-Pandemic Response

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Source-to-Pay Process

How to Avoid Overlooking the Strategic Value of
Source-to-Pay Suites

 

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