Source to pay

Taking a strategic approach to managing business spend and ensuring a robust, resilient and efficient procurement operating model can quickly release sustainable savings, reduce operating costs and maximise operating profit. This approach is one more way in which businesses can minimise the financial impacts of the economic turmoil, and ensure their sustainability and growth. 

Issues you may be facing

  • You have limited control of your procurement spend and your cost base is not competitive in the market.
  • You have no formal procurement function or the current function is not aligned to your strategy / future ambitions.
  • You need improved spend visibility with enhanced procurement processes and controls.
  • You need to align your Procurement, Tax and Legal models for a more optimal effective tax rate across the group.

 

Woman sitting together in a room discussing PwC's source to pay services

How we can add value

Forward-thinking procurement strategies

Develop clear, forward-thinking procurement strategies where organisational costs are aligned to business strategy.

Repositioning strategic procurement

Enable businesses to reposition strategic procurement as a business enabler rather than as series of isolated, short-term tactical approaches.

Digital technologies

Optimise and transform the end-to-end operations leveraging digital technologies.

Transform the source to pay function

Help transform the source to pay (S2P) function through solutions centred on: 

  • Standardisation, centralisation and streamlining of S2P processes.
  • Redesigning the organisational roles and responsibilities of key functions that touch S2P.
  • Integrating enabling technology for e-sourcing, contract management, purchasing and invoicing.
  • Improving visibility of the end-to-end S2P process performance.

Group of colleagues discussing the benefit of source to pay

Some of the benefits the Source to Pay will deliver include:

  • Reduced cost through savings on spend and resources
  • Standardised processes and increased productivity and efficiencies
  • Optimised process control, quality and visibility resulting in reduced operational risk
  • Improved working capital and supplier relationships
  • Improving tax structures

 


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Contact us

Suleman Jhavary

Suleman Jhavary

Partner | Consumer Markets Leader, PwC South Africa

Tel: +27 (0) 31 271 2025

Retief  Ferreira

Retief Ferreira

Director: Source to Pay procurement transformation lead, PwC South Africa

Tel: + 27 (0) 11 287 0347

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