Source to Contract (S2C) software technology is all about to ease you with the best upstream procurement process under the influence of sourcing management. This process is made by regulating and automating sourcing schemes such as contract management, calculation of expenditure, supplier connection, etc.
BENEFITS OF (S2C) SOFTWARE
- THE ABILITY TO GRIP SOURCING DATA IMMEDIATELY AND EFFICIENTLY
Through (S2C) software instead of spending your sizeable time and effort to manually analyze your sourcing data simply in one touch and run real-time reports on
- Analyzation of running sourcing events
- Sourcing time
- Amount of suppliers
- Generated expenditure
- Covered schemes
- Status of agreement
- Validity of agreement
- Supplier review process
- Supplier data of recent sourcing events
With such immediate and comfy access to this efficient sourcing data
you can make good decisions and formulate your strategies whenever you want to with the source to contract software
- INCREASED PERCENTAGE OF SPEND UNDER MANAGEMENT
To increase the completion speed of each project and ultimately increase the ratio of speed under management by digitizing sourcing, securing professionals are primarily automating and streamlining processes, helping them
WORKING
Click on the category option and all the members registered will appearthe software is responsible to analyze the supplier responses providing its clients a complete report with all approximate and precise data compiled and ready for further analysis.
Then, putting RFx data through a different round of bidding to an auction.
- INCREASED PERCENTAGE OF INTERNAL AND SELLER REVERENCE
Digitalization affects more structures, range, and control to daily tasks sourcing processes can be more comfortably arranged by the use of workflow, technology and management can access project completion status to get to know which projects are completed on time and which are behind the schedule.
- UPGRADED AUDITABILITY
The whole process of the source to contract is based upon the buyer to supplier services. It happens on one platform, and there is no need to penetrate around emails and finding data. Moreover, the upgraded audibility of (S2C) allows showing what has been done in the procurement process also the record of the one who did it.
5-CALCULATION OF EXPENDITURES
Source to contract allows you to keep a check on your expenditures in the procurement process. You can get your data from the department’s existing enterprise resource planning (ERP) and financial management systems (FMS).
The given data can be shown across different dashboards that highlight the expenditure rate, savings, and asset issues under the influence of supplier management. Source to contract technology will also allow you to get different dimensions and levels of depth of your data.
6- MANAGEMENT OF AGREEMENT
Before starting the procurement procedure, a contract or agreement is signed between the buyer and supplier. While signing the agreement you have to check the accessibility, visibility, and validity of the contract. This agreement is signed under the check of sourcing management.
If you are searching for the right and the best product in the market, want to grow your business, and spend in the right hands then source to contract is the best option to do so. Source to contract software is easy to use, first you have to sign an agreement, and then from the low investment, you can grow your business.
It gives you a wide platform to secure your savings, negotiating them. the main aim of the source to contract is to provide you a platform where you can set up your career under the influence of professionals in this field. Instead of wasting your precious time (S2C) makes your work easier in the process of procurement.
You can easily get the data information about your supplier. Also, it allows you to get the best goods and services from the supplier in the market.
So if you are looking for the best buyer and supplier schemes then (S2C) will help you to come over that issue.
It gives you the surety of the protection of your expenditures and the best procurement process. So, hurry up! contact us to solve your queries.
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