KEY FACT
With the automation of repetitive tasks AI is freeing up procurement teams to be strategic drivers at the heart of their companies
COUPA | WHITEPAPER
“ As a result of implementing technology and automation, our overall processing times have improved as well as our margins at our locations”
NARESH SRINIVASAN, CHIEF ACCOUNTING OFFICER, TOPGOLF worked almost exclusively on securing pricing discounts. This means that a solid S2P bedrock can be relevant for businesses of any size and industry – from enterprises to small and midsize businesses on their growth journey.
KEY FACT
With the automation of repetitive tasks AI is freeing up procurement teams to be strategic drivers at the heart of their companies
Spend data analysis Using an S2P platform, businesses consistently capture and analyse comprehensive spend data. Centralising these insights within an S2P process gives teams across the business the opportunity to gain unprecedented visibility and insight into spending patterns, supplier performance and operational efficiency.
Direct and indirect S2P continues to evolve and address complex challenges within a procurement function, such as its ability to manage both direct and indirect spend. Direct spend – typically associated with raw materials and production inputs – is now seamlessly integrated with broader procurement workflows, ensuring compliance with
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