Elevate Efficiency, Resilience, and Valuewith ServiceNow Source-to-Pay
With over 2 decades optimizing procurement, sourcing, and supplier operations, our ServiceNow Source-to-Pay experts can help streamline your procurement processes, optimize spend, improve productivity, and lower risks.
Do Any of These Sound Familiar?
Are slow procurement cycles, manual errors, and hidden spend draining your budget?
- Do manual errors cause delays and unnecessary costs?
- Are complex procurement steps slowing down employee productivity?
- Do you lack visibility into off-contract spending?
Are your sourcing efforts missing opportunities to save money?
- Are you overlooking volume discounts or rebates?
- How much time is wasted on underperforming suppliers?
- Can your team negotiate favorable contract terms consistently?
Learn about strategic sourcing and modernizing category management
Is excess inventory tying up capital or are stockouts causing operational issues?
- Is it hard to balance stock levels without overstocking or risking stockouts?
- How often do you deal with obsolete inventory that adds costs?
- Is demand misalignment forcing you to hold excess inventory?
Are unreliable suppliers and unmanaged tail spend increasing risks and costs?
- Are suppliers frequently failing to meet expectations?
- How much time is spent on small purchases that don’t drive savings?
- Do you have consistent visibility into supplier performance?
Learn about elevator supplier partnerships and reinforcing supply chains
Is your supply chain at risk due to lack of visibility and planning?
- Do supply chain disruptions catch your team unprepared?
- Is it difficult to get real-time visibility into potential risks?
- Are you relying on reactive measures instead of solid contingency plans?
Learn about strengthening supply chain agility and resilience
What if you already had the platform to address ALL of this -
you just needed the right partner to support your efforts?
Case Study:
Global Manufacturing Company Saves $2.5 Million Annually with Source-to-Pay
The Challenge
A global manufacturer struggled with inefficiencies caused by manual procurement processes, which slowed down approvals, created errors, and weakened supplier relationships. They had no real-time visibility into their procurement and financial operations. This made it difficult to track spending, manage suppliers, and control inventory holding costs. Without the ability to respond quickly, they were losing both time and money, creating a ripple effect across the business.
The Solution
Outcome Driven Solutions (ODS) stepped in to help the company implement ServiceNow’s Source-to-Pay along with several configuration that enhanced their outcomes. ODS worked closely with them to understand their unique needs, designing and implementing a solution that automated key processes such as demand management, supplier lifecycle operations, and invoice automation. Their Source-to-Pay solution gave the company full control over their procurement lifecycle, providing real-time visibility into every stage of the process. ODS also implemented inventory management features to help reduce shrinkage and holding costs, giving the company tighter control over their assets and stock.
The Results
By implementing ServiceNow Source-to-Pay with ODS’s expert guidance, they saw:
- $2.5M in Annual Savings: Automation helped reduce procurement costs by optimizing supplier management, contract negotiations, and invoice processing.
- 40% Faster Request Processing: Automated workflows streamlined the approval process, eliminating delays and reducing manual errors.
- End-to-End Visibility: With real-time insights into procurement activities, the company gained better control over spend, supplier performance, and inventory levels.
- Optimized Inventory Management: Improved tracking of inventory holding costs and shrinkage allowed the company to reduce waste and optimize stock levels.
Conclusion
Thanks to Outcome Driven Solutions and ServiceNow Source-to-Pay Operations Suite, this global manufacturing company turned their procurement challenges into opportunities for growth. The company now enjoys faster processes, lower costs, and improved supplier relationships. With $2.5 million in annual savings and optimized procurement operations, they are set for long-term success. ODS’s tailored approach and ongoing support ensured the smooth implementation of S2P Suite, empowering the company to focus on what they do best—driving their business forward.