Supply Chain Digital Magazine September 2024 | Page 41

SERVICENOW SOURCE -TO-PAY OPERATIONS
TOP 10

08

FOUNDED
Bill McDermott CEO , ServiceNow

SERVICENOW SOURCE -TO-PAY OPERATIONS

REVENUE : US $ 8.9bn EMPLOYEES : 22,600 + CEO : BILL MCDERMOTT
: 2004
ServiceNow ’ s Source-to-Pay Operations solution streamlines procurement and payment processes through a unified platform . The system automates tasks like SRM , purchase orders and invoice processing . Its real-time analytics provide insights into spending patterns and supplier performance , enabling smarter decision-making . It aims to optimise financial operations and improve vendor relationships while driving cost savings . supplychaindigital . com 41