S2P Recipe for Success

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Emerging (1-3) Average (4-7) Best in Class (8-10)

Multiple data sources of spend (Pr)

No proactive spend code selection (Pr)

De-centralized analysis (P)

Limited reporting distribution (T)

Data in central repository (Pr)

Limited/manual spend coding (Pr)

Central group to analyze spend (P)

G/L+ Category classification approach (T)

Web based solution to analyze spend (T)

80% of spend classified to L2/L3/L4 (Pr/T)

Self-sufficient end user reporting (P/T)

Automated, quarterly data cleansing (T)

Rules engine to auto-classify (P/T)

Category coding >90% accurate (Pr/P)

Integrated in category management (Pr/P)

Item Investment

Source-to-Pay Spectrum

Creating Value Delivering Value

The Destination…