SOURCE-TO-CONTRACT (S2C) SOLUTIONS S2C provides a holistic view of spend, suppliers, and contracts so you can maximize procurement performance Book A Demo Maximize upstream efficiency, savings, and business opportunities with Corcentric Source-to-Contract (S2C) Corcentric Source-to-Contract, or S2C, provides the complete spectrum of related upstream procurement processes required to optimize searching and finding just the right products and services your organization needs by choosing the right suppliers. These include analytics, sourcing, supplier management, and contract management. Corcentric S2C starts with a needs analysis of your particular products or services based on historical category spend for assessing savings and compliance opportunities. Also referred to as strategic sourcing, our source-to-contract processes examine the supplier base available within a spend category, implementing a sourcing strategy that includes negotiations, RFx, or reverse Auctions, creating contracts with key suppliers, and enabling supplier performance and risk monitoring. A solid source-to-contract capability from Corcentric gives your teams a holistic view of spend, suppliers, and contracts to ensure compliance, manage spend, and build relationships that maximize procurement’s performance. TRUSTED BY THOUSANDS OF LEADING COMPANIES See our Customer Stories Spend Analytics Learn More Sourcing Learn More Supplier Management Learn More Contract Lifecycle Management Learn More Sourcing Source optimized levels of savings, pricing, compliance, and efficiency Best-practice management of your sourcing process is your best opportunity to unlock more procurement value. Source Excellence Spend Analytics Unlock the savings, costs and efficiency hiding in your spend data Advanced analytic and spend analysis tools give your company deeper insights into real-time spend and wider procurement behavior that converts data into actionable intelligence. Start Analyzing Supplier Management Transform your suppliers into valuable business assets Build supplier relationships and ensure they become major assets generating competitive advantage, not risk. Know Your Suppliers Contract Lifecycle Management Leverage all your contracts as powerful decision-making and risk management tools Optimize contract assets business processes to minimize risk, maximize savings, achieve compliance and generate bottom-line revenue. Streamline Contracts Transform Your Upstream to Optimize Your Downstream Read the Blog Corcentric S2C automation ensures you spend smarter and build stronger supplier relationships so you can: Gain a holistic, data-driven view across your supply chain and supplier base. Mitigate third-party risk and establish supplier compliance. Drive deeper collaboration with suppliers and vendor management. Reduce or eliminate eSourcing process workflow inefficiencies. Establish a seamless, high level of collaboration between stakeholders — internal and external. Significantly reduce cycle times to accelerate business opportunities. Better manage spend to cut costs and increase savings across categories. Create contracts faster and more easily directly from sourcing events. Learn how to turn S2C into ROI Book A Demo Related Source-to-Contract (S2C) Resources REPORT The Forrester Wave™: Source-To-Contract Suites Source-to-Contract (S2C) includes your most important procurement processes – see how our suite approach works. Get the Report WHITE PAPER 10 Pitfalls of CLM Implementation Learn the common mistakes often made when implementing a CLM solution so you know how to avoid them. Get the Guide REPORT Spend Matters: Supplier Management 101, Part 1 Part 1 of this Spend Matters report gives you the lowdown on what supplier management means today and how it touches all areas of an enterprise. Get the Report View All Resources Corcentric helps more than 2,300 companies enhance cash flow quickly through an unmatched combination of software, advisory services, and payments that transform how companies purchase, pay, and get paid. (800) 608-0809 200 Lake Drive East Suite 200 Cherry Hill, NJ 08002 support@corcentric.com More Locations Contact Us CORCENTRIC PLATFORM Source-to-Contract − Sourcing − Supplier Management −− Supplier Information −− Supplier Performance − Contract Management Procure-to-Pay − Procurement − Invoice Management − Financial Management − Payments + Financing Analytics − Spend Analytics Core Framework − Enterprise Integration AP AUTOMATION Electronic Purchase Order Approval Workflow − Receiving E-Invoices − Invoice Approval Routing − Three-Way Match E-Invoicing STRATEGIC ADVISORY Strategic Sourcing Category Management Cost Reduction Procurement Transformation MANAGED SERVICES Procurement Services Help Desk Services ORDER-TO-CASH Managed AR − Supply Chain Finance − Centralized Billing EIPP − EDI − Document Distribution − Sending e-Invoices − Online Payments − Managed Postal Invoicing AR Automation INDIRECT GPO FLEET SOLUTIONS Fleet Procurement/GPO − Construction/Agriculture − Material Handling Fleet Financing Fleet Analytics Fleet Suppliers Fleet Remarketing RESOURCES Blog Case Studies Datasheets Podcasts Reports Videos Webinars White Papers COMPANY Our Story − AmeriQuest − Determine − Netsend