Infosys Source-to-Pay Business Platform
Organizations face challenges to effectively manage their Indirect Spend due to its wide distribution and disaggregated nature. Several manual touch points and segregation into functional silos of sourcing, procurement and invoice processing, makes end-to-end process transformation a pre-requisite for Indirect Procurement outsourcing.
Infosys Source-to-Pay Platform transforms processes using industry-specific standard templates. Our platform facilitates procurement through harmonized and standardized processes, and provides an enterprise-level spend visibility. It leverages SAP technology to help you manage Indirect Spend using best-in-class process, in a fully hosted and managed environment.
Benefits
- Organization transacts on common technology resulting in improved spend consolidation
- Fast on-boarding and low Total Cost of Ownership with minimal upfront investment and a pre-deployed solution
- Application accessible in self-service mode allows the procurement staff to focus on strategic activities
- 'No touch' transactions through catalogs and P-Cards resulting in improved process efficiency
- Leverage improved processing cycle times for early payment, discount payment terms
- Improved user adoption to minimize maverick spend
- Pre-integrated contract solution with transaction engine to enforce contract compliance
- Electronic document exchange with suppliers helps eliminate invoice inaccuracy and matching failure