S2P Insights | Sumble

What is S2P?

S2P most likely refers to Source-to-Pay. Source-to-Pay (S2P) is a comprehensive suite of business processes that covers all activities from identifying a need for goods or services (sourcing) to making the final payment (procurement and accounts payable). It typically involves functionalities like e-sourcing, contract management, e-procurement, invoice processing, and spend analysis. The goal of S2P is to streamline the entire procurement lifecycle, improve efficiency, reduce costs, and ensure compliance.

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What other technologies are related to S2P?

S2P Competitor Technologies

P2P

Procure to Pay (P2P) encompasses the entire procurement process, from purchase requisition to payment, and is a direct competitor to S2P, which focuses on strategic sourcing.

mentioned alongside S2P in 2% (90) of relevant job posts

Ariba

Ariba is a procurement platform that includes strategic sourcing capabilities, making it a competitor to S2P solutions.

mentioned alongside S2P in 0% (95) of relevant job posts

Coupa

Coupa offers a comprehensive suite of procurement solutions, including strategic sourcing, which positions it as a competitor to S2P.

mentioned alongside S2P in 0% (61) of relevant job posts

S2P Complementary Technologies

SAP

SAP is an ERP system that can integrate with S2P solutions to manage financial transactions and other business processes. It provides complementary capabilities to S2P.

mentioned alongside S2P in 0% (154) of relevant job posts

ERP

Enterprise Resource Planning (ERP) systems manage various business functions and can integrate with S2P to streamline processes. Therefore, ERP is considered complementary.

mentioned alongside S2P in 0% (83) of relevant job posts

SAP S/4HANA

SAP S/4HANA is an ERP system that can integrate with S2P solutions to manage financial transactions and other business processes. It provides complementary capabilities to S2P.

mentioned alongside S2P in 0% (66) of relevant job posts