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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 Payable Automation
Acquisition Cost
Agile Reporting
Agile Supply Chain
Approved Supplier
Automated Clearing House (ACH)
BAFO
Bid Analysis
Blanket Purchase Order
Breach of Contract
Buyer’s Guide
Calculate Direct Cost
Category Management
Category Workbench
Centralized Procurement
Change Order (CO)
Cloud Computing for Supply Chain
Cognitive Search
Conformed Contract
Contract
Contract Abstraction
Contract Addendum
Contract Approval
Contract Attachments
Contract Audit
Contract Clause Library
Contract Execution
Contract Expiry
Contract Extension
Contract Lifecycle Management
Contract Management
Contract Obligations
Contract Renewal
Contract Request Stage
Contract Scorecard
Contract Template
Contract Termination Lifecycle Management
Contract Type
Contract Versions
Dashboard
Decentralized Procurement
Direct Cost
Direct Procurement
Direct Purchase
Direct Spend in Procurement
Dynamic Discounting
e-Billing
e-Procurement
e-Purchasing
E-Signature
E-Sourcing
e-Tendering
ESG Compliant Sourcing
Financial Savings Management
Financial Supply Chain Management
Indirect Procurement
Indirect Spend in Procurement
Inventory Management Systems
Invoice Approval
Invoice Data Extraction
Invoice Management
Invoice Matching
Invoice Reconciliation
Item Master Data
Key Performance Indicator (KPI)
Late Tender
Lean Procurement
Legal Hold
Mass Contracts
Master Service Agreement
Maverick Spending
Negotiation
Net 30
Net 45
Net 90
Notes Payable
Open Tendering
P2P (Procure to pay or Purchase to pay)
P2P Software
Panel Arrangement
Pricing Template
Procure To Pay Process
Procurement Analytics
Procurement Contract Management
Procurement Cycle
Procurement Optimization
Procurement Planning
Procurement Process
Procurement Profiling
Procurement Value
Product Master Data Management
Proposal
Provider Performance Management
Proximity Search
Purchase Description
Purchase Order
Purchase Order Management
Purchase Requisition
Purchase To Pay
Quotation
Reporting
Request For Information (RFI)
Request For Proposal (RFP)
Request For Quotation (RFQ)
Request For Supplier Qualification (RFSQ)
Request For Tender (RFT)
Response to Questionnaire
RFP Debrief
RFx Software
RFx Tools
Risk Analysis
Risk Management Plan
S2P (Source-to-pay)
S2P Software
Savings Tracking
Savings Tracking Software
ServiceNow GRC
ServiceNow IT Service Management (ITSM)
ServiceNow Knowledge
ServiceNow Sourcing and Procurement Operations
ServiceNow TPRM
ServiceNow VRM
Should Cost Analysis
Source Contract
Source-to-Settle
Spend Analysis
Spend Analysis Technology
Spend Leakage
Spend Management
Spend Taxonomy
Straight-Through Processing (STP)
Supplier Evaluation
Supplier Information Management
Supplier Master Data Management
Supplier Network Management
Supplier Performance Management
Supplier Performance Review
Supplier Portal
Supplier Rationalization
Supplier Relationship Management (SRM)
Supplier Segmentation
Supplier Sourcing
Supplier’s Market
Supply Base Management
Supply Chain Control Tower
Supply Chain Mapping
Supply Chain Optimization
Supply Chain Resilience
Supply Chain Sustainability
Supply Chain Visibility (SCV)
Supply Management
Supply Positioning Model
Sustainable Procurement
Transaction Costs
Two-Way Invoice Matching
Vendor Agreement
Vendor Collaboration Portal
Vendor Compliance
Vendor Contract Management
Vendor Managed Inventory
Vendor Management
Vendor Network Management
Vendor Onboarding
Vendor Performance Review
Vendor Portal
Vendor Ratings
Vendor Relationship Management
Vendor Risk Assessment
Vendor Scorecard
Vendor Self-Service Portal
Vendor Sourcing
Vendor Validation
Wet Signature
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