Source to Pay Glossary
Quick guide covering all the procurement terms & definitions focused on Source to Pay, Contract Lifecycle Management, Procurement, Invoice Processing, Accounts Payable, and more from the most promising source-to-pay solutions provider.
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Acquisition Cost
- AP Automation
- Approved Supplier
- Auction
- BAFO
- Bid Rigging
- Bill of Materials (BOM)
- Breach of Contract
- Business Expense Management
- Business Travel Reimbursement
- Buyer’s Guide
- Calculate Direct Cost
- Catalog
- Category
- Category Analysis
- Category Management
- Category Workbench
- Change Order (CO)
- Cloud Computing
- Competitive Bidding
- Compliance
- Contract
- Contract Clause Library
- Contract Lifecycle Management
- Contract Management
- Contract Scorecard
- Contractor
- Dashboard
- Data Enrichment
- Demand Forecasting
- Demand Management
- Direct Cost
- Direct Procurement
- Direct Purchase
- Direct Spend in Procurement
- Dynamic Discounting
- E-invoicing
- e-Procurement
- e-Purchasing
- Enterprise Resource Planning (ERP)
- Financial Savings Management
- Financial Supply Chain Management
- Flip
- Forward Procurement Plan
- Governance
- Green Procurement
- Green Supply Chain Management
- Indirect Procurement
- Indirect Spend in Procurement
- Integrated Procurement System
- Inventory Management Systems
- Invoice Management
- Invoice Reconciliation
- Item Master Data
- Key Performance Indicator (KPI)
- Late Tender
- Lead Time
- Licensing
- Mobile Procurement
- Negotiation
- Notes Payable
- Onboarding Suppliers
- Online Catalog
- Open Tendering
- Opportunity Analysis
- P2P (Procure to pay or Purchase to pay)
- P2P Software
- Panel Arrangement
- Patent
- Procure To Pay Process
- Procurement Contract Management
- Procurement Optimization
- Procurement planning
- Procurement Process
- Procurement Profiling
- Procurement Value
- Product Master Data Management
- Proposal
- Purchase Description
- Purchase Order
- Purchase Order Management
- Purchase Requisition
- Purchase To Pay
- Quotation
- Reporting
- Req to Check
- Request For Information (RFI)
- Request For Proposal (RFP)
- Request For Quotation (RFQ)
- Request For Supplier Qualification (RFSQ)
- Request For Tender (RFT)
- RFx Software
- RFx Tools
- Risk Analysis
- Risk Management Plan
- S2P (Source-to-pay)
- S2P Software
- Savings Tracking
- Savings Tracking Software
- Send Bidding
- Should Cost Analysis
- Solicitations
- Source Contract
- Source to Settle
- Spend Analysis
- Spend Analysis Technology
- Spend Cube
- Spend Leakage
- Spend Management
- Spend Taxonomy
- Strategic Sourcing
- Supplier Evaluation
- Supplier Master Data Management
- Supplier Network Management
- Supplier Performance Management
- Supplier Performance Review
- Supplier Portal
- Supplier Rationalization
- Supplier Relationship Management
- Supplier Sourcing
- Supplier’s Market
- Supply Base Management
- Supply Chain Optimization
- Supply Chain Sustainability
- Supply Chain Visibility (SCV)
- Supply Management
- Supply Positioning Model
- Sustainable Procurement
- Tender Evaluation Panel
- Transaction Costs
- Transparency With Suppliers
- Two or Three-Way Match
- UNSPSC
- Unsuccessful Bidder Letter
- Vendor Contract Management
- Vendor Management
- Vendor Portal
- Vendor Sourcing
- Written Quotation