Source to Contract – S2C

Maximize savings and compliance

Optimize your Source-to-Contract lifecycle with Synertrade. From initial strategy to final signature, our module accelerates cycle times, controls costs, and ensures total compliance. Identify savings opportunities through advanced spend analysis, align procurement planning with core business priorities and mitigate risk and enhance decision-making with data-driven insights. Streamline your process, prove your ROI with clear figures, and transform your procurement organization.

Benefits of Synertrade 5 S2C

Drive cost, time and risk optimization with source-to-contract

Savings

Up to 38% additional savings

Faster Sourcing

 Streamlined and consolidated processes

 

Audit-Ready

Compliant, transparent and traceable processes

Applications

Spend Analytics

Consolidate and control your spend to reveal actionable insights and drive smarter decisions.

Procurement Planning

Bridge the gap between strategy and execution by aligning your sourcing plan across the entire organization.

RFx / FRFI / RFP Management

Execute faster, more transparent sourcing projects while mitigating risk and boosting team collaboration.

Reverse Auction

Unlock greater value with strategic, transparent, and flexible reverse auctions.

Contract Management

Centralize and automate your entire contract process within a single, secure, and intelligent platform.

Capabilities

Risk Alerts

Get automated supplier risk alerts at decision points to decrease risk exposure and drive compliance.

Auctions real-time strategy

Ensure cost optimization with real-time strategy control

Business collaboration & economies of scale

Reach economies of scale faster with automated demand aggregation and online collaboration.

Guided sourcing

Ensure best time, compliance and cost strategy with guided sourcing process selection.

Automated contract compliance

Connect sourcing, contracts, and purchasing in a single platform to ensure full compliance and auditability

Spend visibility and control

Gain full visibility on your spend and patterns to identify savings opportunities

Our customers