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The State of Source-to-Pay Digitization 2024
Source-To-Pay
Generate Greater and More Sustainable Value Across Your Source-to-Pay Process
The Forrester Wave™: Supplier Value Management Platforms, Q3 2024
All Spend & All Suppliers in a Single Source-to-Pay Platform
Source-to-Pay is more than a series of processes—it’s a way to continuously deliver value for your business!
- Identify Value: Understand all your spend and uncover opportunities to deliver value
- Create Value: Effectively execute sourcing strategies and streamline contracting
- Capture Value: A modern, compliant buying experience, automated invoicing, and embedded payments
- Measure Value: Monitor supplier and contract information, risk, and performance
Build Your Source-to-Pay Advantage
Better Spend & Supplier Transparency
- Manage indirect & direct spend
- Gain 360° spend & supplier visibility
- Complete S2P analytics
- Visibility across multi-tier supply chain
Easier & Deeper
Collaboration
- Improved supplier innovation
- Accelerate carbon reduction goals
- Project and program management
- Digital supply chain collaboration
Greater Automation & Adoption
- Complete Source to Pay process automation
- Modern, personalized UX
- Meet global and local needs
- Future proof no code, low code platform
Why Source-to-Pay?
Reduce costs, manage performance and risk, improve compliance and strengthen supplier relationships. Ivalua’s Source-to-Pay Platform digitizes the complete S2P process across all spend and all suppliers, empowering your teams to generate greater value for your business.
Truly Integrated Source-to-Pay
The Ivalua Source-to-Pay platform provides unparalleled visibility, collaboration and adaptability to Procurement and Supply Chain leaders. Analyze your spend, execute sourcing strategies, negotiate contracts, streamline procure-to-pay, manage supplier information, risk and performance.
A Unified Platform for All Spend
PLATFORM
Analytics
Workflow
Integration
AI
Collaboration
Design Mode
Additional Modules
Supplier Risk & Performance Management
All Supplier Information, Risk, and Performance Needs in One Place
- 360° supplier information and activity insight
- Accurate information, lower risk, and improved performance
- Structured collaboration to correct issues or drive innovation
Sourcing
Automate Sourcing Processes and Effectively Execute Strategies
- Source all spend: direct, indirect, services, capex
- Unparalleled project management and transparency
- Analytics for optimal supplier selections
Contract Management
Lock-in Value and Manage Risk Across the Contract Lifecycle
- Digitize & centralize contracts for complete visibility
- Accelerate cycle times and time-to-value
- Insightful contract analytics and lifecycle management
eProcurement
Modern User Experience Meets Enterprise Control
- Upgrade your ecommerce user experience
- Maximize user and supplier adoption
- Tailored workflows and digital business processes for all spend types
Invoicing
Accounts Payable Digitization and Compliance
- Receive all invoices from PDF email to EDI without hidden fees
- Supplier pre-matching in a free supplier portal
- Automate with intuitive 4-way matching and one-click approvals
Payments
Embedded Global Supplier Payments
- Streamline workflows for cross-border and domestic supplier payments
- Drastically reduce supplier inquiries and fraud
- Real-time payment status updates
Spend Analysis
Uncover Opportunities with Complete Spend Transparency
- Analyze spend from all sources
- Powerful on-demand classification
- Spend classification visibility and transparency
Related Resources
Source-to-Pay (S2P) Datasheet
Integrated Source-to-Pay Across All Spend and Suppliers.
