Where Are You On Your S2P Journey?
Challenges
Failed Audits
Invoices without a PO
Paying late, twice or even for goods / services not received
Incorrect Spend Allocation
No Budget Control
POs without correct approvals
Suppliers not onboarded correctly
End users choosing suppliers, product and price
Inefficient AP processes
Level 1
Benefits
Save Money
Audit Compliance
Reduce Fraud
Purchasing Insights
AP Team Efficiency – less fake work
Improved Supplier Relations
Challenges
Free Text Spend
Commodity Item Classification - UNSPSC
Paying different prices for the same goods
Not buying off Supplier Contracts
Not standardising your catalogue
Invoices Matching – Only on Invoice Total (Not line level)
Level 2
Benefits
All Level 1 benefits plus
Identify Strategic Sourcing Opportunities
Spend analysis Tools
Compliance / Risk management
Reporting Dashboards
Challenges
Supplier Lifecycle Management
Sourcing Overheads
Spend Direction (Scorecards BEE, Strategic Preference)
Low value, Low Leverage, High Frequency (Rats & Mice)
Working Capital / Stock / Service Delivery
Squirrel Stores
Level 3
Benefits
All Level 1 & 2 benefits plus
TCO Reduction in strategic commodities
Drive Spend Direction
Improved Supplier Partnerships
Lead Time Reduction
Compliance / Risk management
