OPERATIONS
S2P SOFTWARE : BOOSTING PROCUREMENT AND FINANCE TEAMS
S2P platforms such as those offered by Synertrade and Aavenir have the potential to boost the work of procurement and finance teams in a number of ways .
Olivier Berrouiguet , CEO at Synertrade , lists the following benefits :
“ Aavenir helps elevate ROI with pre-built workflows that connect processes , data and data -driven insights ”
SUNIL MASAND SVP PRODUCT , AAVENIR
• Enhance and maintain vendor relations : S2P platforms facilitate better communication and collaboration with suppliers , developing long-term partnerships and growth
• Strengthen ESG rating : S2P software has built-in functionality to support ESG scoring , such as ensuring compliance with changing regulations or evaluating supplier selection to minimise environmental impact
• Improve control : Increased accessibility and visibility of data allows procurement teams to make better-informed decisions at faster rates
• Reduce costs and minimise errors : Automating elements of the procurement process using effective S2P minimises the margin for human error and enhances cost evaluation to take place , helping to leverage efficiency and remove redundant tasks .
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