Competing for Dominance: The Battle for Source to Pay (S2P) Market Share
A Source-to-Pay (S2P) suite automates and streamlines sourcing and procurement processes from start to finish, aiming to enhance internal controls, optimize supply chain operations, provide comprehensive spend visibility, and manage supplier risk and compliance. The native and comprehensive capabilities of S2P suites help organizations standardize their procurement processes and minimize total cost of ownership, enabling them to respond rapidly to evolving business circumstances, opportunities, and challenges.
A few years back, the
Source-to-Pay (S2P) model was introduced. However, as this concept has evolved,
organizations have taken steps to develop it and are now providing it as a
comprehensive S2P suite. These organizations are enhancing their source-to-pay
solutions by integrating various intelligent technologies like cognitive and
conversational AI, RPA, machine learning, smart workflow, automation, and
blockchain to achieve greater transparency.
Download the sample report of Market Share: Source-to-Pay
(S2P)
This study aims to address the
following key questions:
·
Is
the Source-to-Pay (S2P) market expanding? What is the short-term and long-term
growth potential for the Source-to-Pay (S2P) market?
·
What
are the major factors driving and constraining the global Source-to-Pay (S2P)
market?
·
Which
industries are the primary end-users of the Source-to-Pay (S2P) platform? Which
industries present the most growth opportunities in the foreseeable future?
·
Which
global region offers the greatest growth potential in the Source-to-Pay (S2P)
market?
·
Which
customer segments have the highest adoption rates for the Source-to-Pay (S2P)
platform?
·
What
are the various deployment options available for the Source-to-Pay (S2P)
platform?
Vendors covered in this study:
BirchStreet Systems, Coupa,
Elcom, GEP, Ivalua, JAGGAER, Medius (Wax Digital), Opus Capita, Oracle,
Proactis, SAP (Ariba), Tradeshift and Zycus
About Us: Quadrant Knowledge
Solutions is a global advisory and consulting firm focused on helping
clients in achieving business transformation goals with Strategic Business, and
Growth Advisory Services. At Quadrant Knowledge Solutions, our vision is to
become an integral part of our client’s business as a strategic knowledge
partner.
Website: https://quadrant-solutions.com/
Phone: (+1) 978-605-1066
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