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A seamless source to pay solution to help your procurement processes

Source to Pay (S2P) describes class-leading spend management solutions to simplify and optimize the entire process, from sourcing suppliers to paying invoices.

A seamless source to pay solution to help your procurement processes Image
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Source to Pay (S2P) software, like Medius Spend Management, brings visibility and control over the entire procurement lifecycle in one simple to use package, helping you save on spend, boosting organizational-wide compliance and making your procurement processes more efficient.

Detailing the source to pay process

The source to pay process covers the entire procurement lifecycle, including elements from source to contract and purchase to pay. Steps include: 

  • Analyzing product or service needs 
  • Sourcing and selecting suppliers 
  • Negotiating and managing contracts 
  • Creating a purchase order 
  • Budget authorization 
  • Receipt of delivery 
  • Invoicing 


You can find out more by visiting our sourcing page.
 

Medius source to pay features

Medius source to pay software is available as a complete solution or as separate modules. These are:

Medius Sourcing

Optimize all your sourcing activities using accurate and timely data to select the best suppliers. You’ll enjoy cost savings, get total visibility over all sourcing activities and speed up your process – all in one simple to use system. Find out more here.

Medius Procurement

Buy whatever you need, whenever you need it, from the right place at the right price. Medius Procurement is an eProcurement solution that’s designed from the ground up to get all your spend in one place and make sure that it’s all compliant. Read more here.

Medius Contract Management

Digitize your entire contract management process to ensure maximum visibility or control of all supplier agreements. Use powerful automation features to set reminders, alerts and more for key contract details. Click for more details.

Medius AP Automation

Medius AP Automation is our industry-leading invoice processing solution that combines clever AI and machine learning to make it seamless to process digital and paper-based invoices in one simple-to-use system. With all your payments in one place, gain visibility and control over your AP function. Find out more.

Medius Pay

Reinvent cross-border payments with same-day money movement and no bank fees for you or your suppliers. Delivering intelligence-led automation, Medius Pay is your gateway to total payment management.

Medius Sourcing

Optimize all your sourcing activities using accurate and timely data to select the best suppliers. You’ll enjoy cost savings, get total visibility over all sourcing activities and speed up your process – all in one simple to use system. Find out more here.

Medius Procurement

Buy whatever you need, whenever you need it, from the right place at the right price. Medius Procurement is an eProcurement solution that’s designed from the ground up to get all your spend in one place and make sure that it’s all compliant. Read more here.

Medius Contract Management

Digitize your entire contract management process to ensure maximum visibility or control of all supplier agreements. Use powerful automation features to set reminders, alerts and more for key contract details. Click for more details.

Medius AP Automation

Medius AP Automation is our industry-leading invoice processing solution that combines clever AI and machine learning to make it seamless to process digital and paper-based invoices in one simple-to-use system. With all your payments in one place, gain visibility and control over your AP function. Find out more.

Medius Pay

Reinvent cross-border payments with same-day money movement and no bank fees for you or your suppliers. Delivering intelligence-led automation, Medius Pay is your gateway to total payment management.

Benefits of source to pay software

Improve visibility and control

Source to pay software gets you a complete view of the procurement process, starting with sourcing, purchasing, and supplier management, all the way through payment, in one system. It’s also designed to boost compliance and control within your organization.

Negotiate better deals

You’ll be able to negotiate better deals with source to pay software, as you’ll gain access to supplier data in a single place, but also, you’ll be supported by dashboards of key details, including risk metrics and financial information, helping you make smarter decisions.

Free up time to focus on what matters

Automating your source to pay process ensures you’ll have more time to focus on other more important activities, instead of tedious manual chores.