Why procurement inefficiency quietly kills margins
The invisible tax on your business: If you’re spending $50 million a year through your sourced procurement function, you may be silently leaking between $2.5 and 5 million. Not through fraud. Not through poor suppliers. But through process inefficiency, manual workarounds, and a lack of visibility, the worst part is that you probably can’t even […]
What is Source-to-Pay? Your complete guide for modern procurement
In today’s fast-paced and competitive business environment, organizations are constantly seeking ways to improve efficiency, reduce costs, and enhance supplier relationships. One of the most powerful frameworks enabling this transformation is Source to Pay (S2P). a comprehensive approach to managing the entire procurement lifecycle from identifying needs to making payments. But what exactly is Source […]
