Strategic Sourcing

Email Alerts

Register now to receive SearchFinancialApplications.com-related news, tips and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
  • Automation and the accounts payable process

    In this handbook, readers will find expert advice on how to streamline accounts payable workflows and valuable insights on the workplace benefits of e-invoicing. Readers will also learn about the latest developments in mobile AP -- both risks and ben... 

  • Navigating financial accounting software: Expert advice on the team and process

    Getting the highest ROI for the financial accounting software you choose isn't simple. Fortunately, following best practices for selection and implementation can not only ease the process but also help ensure the software you choose is the best fit f... 

  • Spend management software guide

    Spend management is an essential tool for tracking expenses and reducing financial waste. In this guide, learn the basics of spend management and discover some of the ways it can help companies rein in spending. 

  • strategic sourcing

    Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace. 

  • procurement software

    Procurement software is a computer program or suite that allows an organization to automate the processes of purchasing materials and maintaining an inventory of goods. 

  • procure to pay (P2P)

    Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. 

  • order to cash (OTC or O2C)

    Order to cash (OTC or O2C) is a set of business processes that involve receiving and fulfilling customer requests for goods or services. 

About Strategic Sourcing

Strategic sourcing and procure-to-pay process can be challenging, but new technologies can help. Get answers to the question "what is strategic sourcing?" and learn how to incorporate technology into the strategic sourcing process. Learn how to best leverage procurement software for the procure-to-pay process, the purchasing process and find out how to make the procurement cycle more efficient. Get best practices and expert advice for optimizing procure-to-pay processes within a strategic sourcing system.