Leading services associated with source-to-pay process design and implementation
Transforming the source-to-pay process
Because the source-to-pay (S2P) process crosses three organizations — procurement, finance, and IT — an outdated and manual process creates challenges for multiple executives. Chief procurement officers confront
inconsistent procurement procedures, an inconsistent and inefficient view of organizational spend processes, and lack of compliance with procurement policies and procedures. CFOs and controllers are pressured to reduce costs in procurement and accounts payable organizations, streamline audit reviews, and provide accurate and timely reporting to support financial planning and analysis. On the technology side, CIOs cope with a jumble of best-of-breed systems and aging ERP-based procurement solutions that are expensive to maintain, have low user adoption rates, and fail to provide clear data for a “single source of truth.”
The decision to transform the S2P process requires collaboration across departments and a willingness to address each disparate challenge. Fortunately, KPMG and Ivalua can help with a cloud-based S2P solution that improves, standardizes, and automates procurement processes while providing a single source of procurement analytics and reports to deliver value to your bottom line.
KPMG International and its network of member firms (collectively KPMG) are a global network of professional firms providing audit, tax, and advisory services operating in 155 countries and employing more than 174,000 people. Our U.S. member firm, known as KPMG LLP, traces its origins all the way back to 1897 and became a limited liability partnership in 1994. As a leading professional services firm, KPMG LLP has more than 30,000 partners and professionals providing services throughout all 50 states. With 90 offices, we are a significant presence in your current markets and in those locations where you may want to expand.
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KPMG Global services is an offshore global delivery arm that supports KPMG member firms with a range of services and scalable solutions to deliver value for our clients in a cost-efficient manner.
Located in the heart of the Silicon Valley, Ivalua is a leading provider of spend management cloud solutions and is recognized for market leadership in strategic sourcing suites and as a visionary for procure-to-pay suites. Ivalua customers realize noteworthy and accelerated savings by improving spend visibility, streamlining procurement processes, and increasing procurement organization productivity, but the overall value from Ivalua goes far beyond immediate savings: The platform enables procurement teams to actively contribute to accelerate innovation, enable company growth, mitigate risks, and increase compliance. Ivalua’s natively integrated S2P suite is built on a single code base, single database and is ultraconfigurable.
Ivalua key differentiators
Value beyond savings
Out-of-the-box deep functionality
Agile and configurable cloud
Power of our partnership
KPMG and Ivalua have developed a relationship to provide clients leading services associated with the process design and implementation of a cloud-based S2P application.
KPMG and Ivalua joint value propositions
Is the KPMG and Ivalua Source–to–Pay offering right for your company?
Key questions to ask:
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