Top 10 Source-to-Contract (S2C) suites

Streamline your procurement processes and boost your bottom line with the Top 10 S2C suites for efficient procurement and supply chains

S2C (Source-to-Contract) Suites are comprehensive procurement software solutions that streamline the entire procurement process from sourcing to contract negotiations. These suites typically offer a range of features, including spend analysis, supplier management, sourcing, contract management, and procurement analytics, among others. S2C suites aim to help organisations automate their procurement processes, reduce costs, and improve supplier relationships.

In today's business world, where procurement is a critical function that directly impacts a company's bottom line, organisations need tools that can help them manage procurement effectively. S2C suites provide the necessary tools to help organisations manage the procurement process end-to-end, from the initial sourcing of goods and services to the final contract negotiations. By automating and streamlining the procurement process, S2C suites can help organisations reduce the time and effort involved in procurement, improve cost management, and minimise risk.

10. Basware

Basware is a cloud-based procurement platform that provides source-to-contract and procurement solutions. It helps organisations automate their procurement processes, manage suppliers, and drive cost savings. Basware provides features like spend analysis, supplier management, sourcing, contract management, and procurement analytics.

Basware's spend analysis module allows organisations to track and analyse spend data to identify cost-saving opportunities, while its supplier management module provides the tools needed to manage supplier relationships. Basware's sourcing module enables organisations to streamline the sourcing process and negotiate contracts, while its contract management module provides the tools needed to manage and track contracts.

9. Corcentric

The spend analysis module of Corcentric’s S2C suite allows organisations to track and analyse their spend data. This enables them to identify cost-saving opportunities, such as consolidating purchases or negotiating better prices with suppliers. The supplier management module provides organisations with the tools they need to manage supplier relationships, monitor supplier performance, and ensure compliance with supplier agreements.

Corcentric’s sourcing module enables organisations to streamline the sourcing process and negotiate contracts more effectively. It allows organisations to identify potential suppliers, evaluate supplier proposals, and negotiate contracts in a centralised platform. Their contract management module provides organisations with a complete view of their contract portfolio, enabling them to manage and track their contracts, and avoid any potential legal or financial issues making their suite a powerful one. 

8. Proactis

Proactis offers a suite of procurement control solutions that are specifically designed to support purchasing professionals in effectively managing the procurement process. By leveraging these solutions, organisations can significantly reduce their overall procurement costs, leading to higher operating profits. One of the primary benefits of Proactis' procurement control solutions is that they help purchasing departments streamline their operations and achieve the best possible value from suppliers.

Through the adoption of effective supplier management techniques, including evaluation and communication, purchasing professionals can ensure that they are sourcing goods and services from the most appropriate suppliers at the best possible prices. Proactis' S2C suite is a comprehensive solution that covers all aspects of the procurement process, from sourcing to supplier relationship management (SRM), contract management, and centralised eCommerce buying. By leveraging this powerful platform, organisations can enhance their procurement processes, drive cost savings, and achieve greater operational efficiencies.

7. Tradeshift

Tradeshift's S2C suite provides businesses with a network-centric platform that leverages artificial intelligence to transform B2B commerce. With their suite of solutions, Tradeshift helps businesses capture more value and achieve better outcomes by seamlessly connecting sourcing, contracting, and purchasing into one easy-to-use system. One of the key benefits of Tradeshift's S2C suite is their sourcing solution, which allows businesses to curate, manage, and diversify their supplier base with networked B2B e-commerce marketplaces.

By accessing pre-vetted suppliers and easily comparing products and services, businesses can maintain greater control over their sourcing process. Tradeshift's S2C suite is a powerful tool for businesses looking to streamline their procurement process, digitize their supply chain, and capture more value. Their suite of solutions provides businesses with everything they need to optimize their sourcing, contracting, and purchasing processes, all within a user-friendly and efficient platform.

6. Zycus

Zycus' S2C suite offers a range of services that are designed to address sourcing and procurement, enterprise contract management, and accounts payable requirements. Their Merlin AI-powered software is organically built and seamlessly integrated to provide a cognitive source-to-pay suite that drives "higher dollar savings", proactive risk management, and greater compliance. The suite includes applications for both the operational and strategic aspects of procurement such as eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management, and Request Management. 

Zycus' S2C suite is designed to help businesses achieve sustainable performance through its cognitive source-to-pay solutions. The suite is sophisticated enough to handle complex enterprise needs while remaining easy and intuitive for everyone to use. It empowers teams to go beyond tactical tasks and focus on strategic initiatives .

5. Jaggaer

JAGGAER's S2C suite is designed to help businesses make procurement a strategic partner by improving analytics, workflows, and supplier collaboration. The suite provides a unified source-to-contract process that allows businesses to move from transactional to strategic procurement and offers a range of services that can help businesses at every stage of the procurement process.

The suite includes Spend Analytics, Savings & Category Management, Supplier Management, Project Management, Sourcing and Contract Management, plus extensive supporting features and optional integration with JAGGAER ONE P2P. JAGGAER's S2C suite also allows businesses to visualise trends and results to define strategic actions. With best-in-class views of common dimensions built on over 25 years of procurement software experience, businesses can stop feeling paralyzed by analysis and start taking informed, deliberate action.

4. Ivalua

Ivalua's S2C suite offers a range of solutions and automation tools designed to empower businesses to eliminate common source-to-contract challenges and establish effective strategies. The suite can help businesses with compliance and efficiency, reducing risk and costs, digitising and centralising contracts, leveraging accurate and real-time data, and delivering better procurement outcomes.

Ivalua's S2C solutions include sourcing projects, RFX, auctions, category management, supplier information and performance management, risk management, contract repository, authoring, and management. With Ivalua's S2C suite, businesses can create a holistic and seamless approach to their source-to-contract processes.

3. GEP

The S2C suite provided by GEP provides both consulting solutions and outsourcing services to aid businesses in enhancing their overall value and performance. By leveraging the suite, businesses can extend the capability and impact of their sourcing team and achieve remarkable progress in terms of year-over-year savings. Moreover, it empowers their team to operate more efficiently, allowing them to achieve more within the same time frame, and significantly enhance their return on operating costs.

GEP's S2C services are built upon a sturdy foundation of advanced analytical capabilities, up-to-the-minute market insights, category expertise, and top-of-the-line procurement software. Their powerful comprehensive S2C offering delivers complete solutions that cover every aspect of the sourcing cycle, starting from spend analysis and opportunity identification all the way through to contract implementation. GEP’s S2C tools are designed with highly adaptable and customisable engagement models, which enables businesses to select the level of assistance that best suits their needs.

2. Coupa

One of the giant’s in the procurement and supply chain world, Coupa’s S2C suite provides a diverse set of automation tools that are tailored to assist businesses in capturing greater value and achieving improved results. The suite offers an effective solution for businesses to overcome silos by seamlessly connecting sourcing, contracting, and purchasing into a single, user-friendly system that maximises impact.

Coupa's S2C system commences with supplier vetting and on-boarding, enabling businesses to tailor events that cater to their unique business requirements, analyse more bids from suppliers, and solicit innovative bids. The suite is engineered to assist businesses in minimising risk and enhancing impact, accomplished by reducing third-party risk and optimising the effect of ESG initiatives through supplier ratings for risk, performance, diversity, and sustainability.

By adopting Coupa's S2C suite, businesses can seamlessly integrate sourcing with contracting, purchasing, invoicing, and risk management, thereby realising the negotiated value. The suite offers a comprehensive view of organisational spending, making it effortless to identify potential savings and establish plans to achieve them. Additionally, it streamlines the RFx-to-award cycle, enabling businesses to effortlessly identify, evaluate, and qualify new suppliers and secure best-value agreements whenever they source.

1. SAP Ariba

Taking the number one spot in our list of Top 10 S2C suites is the powerful and extensive swiss-army-like system offered by SAP Ariba. Ariba's S2C suite offers a comprehensive range of strategic sourcing solutions that can help create best-value sourcing agreements for sustainable savings across direct materials, indirect materials, and services.

One of the key benefits of the S2C suite is the ability to standardise source-to-contract processes across the entire organisation. By doing so, businesses can identify savings opportunities, find new sources of supply, and reduce procurement costs while mitigating risks.

The suite includes a wide range of solutions for both indirect and direct materials sourcing. These solutions cover everything from guided sourcing and process workflows to category management and integrated contract management. For direct materials sourcing, the suite provides project management tools, materials dashboard, PLM and retail solution integration, BOM and recipe collaboration, and integrated contract and supplier management.

In addition to sourcing solutions, SAP Ariba's S2C suite also includes a range of contract management tools that can help businesses with collaborative negotiations, centralised contract repository, contract processing workflows, powerful search and reporting, and electronic signature management. This enables businesses to stay on top of contract management tasks and ensures compliance with regulatory requirements.

Not stopping there, the suite offers robust spend analysis capabilities that provide commodity classifications, enriched supplier data, built-in machine learning, fast analysis and reporting, and integrated services. This empowers businesses to gain a deeper understanding of their spending patterns, identify cost-saving opportunities, and develop actionable plans.

SAP Ariba's S2C suite provides a comprehensive set of solutions that can help businesses optimise their procurement processes, reduce costs, mitigate risks, and fully realise negotiated savings. With its range of features and benefits, the suite is an essential tool for any business looking to enhance their procurement operations and drive value across their organisation.

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