Source to Pay

Digitalise and automate your Source to Pay process on a system that streamlines spend management on a single platform.

TenderBoard gives procurement teams fully configurable forms and workflows, automation of repetitive tasks, and an easy to use system for all users and suppliers.

What is Source to Pay (S2P)?

The Source-to-pay (S2P) process encompasses the procurement lifecycle, starting from identifying the need for a product or service, sourcing, negotiating, and concluding with payment processing.

Source to Pay software helps companies digitalise and automate the process, reducing the need for manual data entry while improving procurement performance. Rather than disparate, silo tasks, procurement teams can aggregate purchases across business units to drive maximum savings and improve spend management.

Benefits of Source to Pay Software

Streamlined procurement processes on a single platform

Increased savings with purchasing aggregation and spend analysis

Improved collaboration between departments and suppliers

Strengthened corporate governance and contract compliance

Why Choose TenderBoard Source to Pay?

Stop manually processing purchases, and transform your procurement activities with TenderBoard. Our Source to Pay module provides organisations the ability to manage sourcing activities and purchase requisition process online, with purchase orders, goods receipts and invoices matched on the system before payment processing. As a cloud-native platform, TenderBoard is designed with ease of use in mind for both you and your suppliers, ensuring that quotations, purchase orders and invoices are easily transacted between buyer and supplier.

Improve Procurement Efficiency with Automation

Digitalise and automate procurement processes and approval workflows for quicker purchasing cycles.
Centralise transactions and supplier communication for a single source of truth.
Reduce repetitive tasks and manual data entry when sending or storing information.

Select a System that Can Be Configured to Fit You

TenderBoard’s flexible system allows you to fully configure approval workflows to fit your organisation’s needs.
Customise forms in your workflows so only necessary fields are shown to users.

Easy to Adopt by Users and Suppliers

Improve adoption rates with a system that is intuitive for your users.
Reduce friction with your vendors with our supplier friendly portal. TenderBoard’s system allows your suppliers to self-help and manage their proposals with our Vendor Portal.

Source to Pay Features

Full Featured Sourcing Activities

Whether you are seeking approvals for a quotation, calling for a tender, or sending a Request for Quotation (RFQ), you can manage all sourcing effectively on TenderBoard. Our procurement system makes professional sourcing and supplier evaluation straightforward and more efficient through easy RFQ management and automated evaluation options.

Procure to Pay

Manage Site briefing registrations, clarifications and other vendor communication in a single platform. Communicate privately or publish vendor questions and your answers in your RFQ pages. Communication is also logged and recorded for easy retrieval if needed.

Intuitive Forms and Workflows

Build approval workflows that meet your organisations’ corporate governance policies into the system, and let the platform guide users through your procurement policies. Configure forms with necessary fields so they become more intuitive for users to complete.

Vendor Portal

Work directly with suppliers on the platform, where vendors can submit proposals, download POs and upload invoices. Suppliers can also communicate through the platform for any clarifications or resubmission requests, and communication is logged into the system for future audits.