S2P | Source to Pay

S2P enables companies to realize the full procurement savings potential in the P&L by linking category sourcing strategies to procurement operations.

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A simple, efficient and compliant third party spend is enabled by putting the optimal processes, organization, and digital procurement tools in place.
How we
deliver
impact

Design

Design clients´ future state based on seven best practices, benchmarks and KPIs. Identifying improvement opportunities and define a business case. Develop organization design, future state process design and set of KPIs for performance management.


Diagnostic

Assess client S2P maturity and compare with best-in-class examples. Provide benchmarks on cycle times, cost per transaction, organization size, and other S2P key metrics. Perform value at stake analysis ("Size the Prize").


digital

Support clients with assessing and understanding the value of procurement technology and, automation. Assist clients with sourcing and procure-to-pay (P2P) IT software vendor evaluation and selection, as well as business case development. Deep dive assessment of digital opportunities leveraging McKinsey Digital Procurement Value Diagnostic.


transformation

Provide proven transformation approaches and change management tools to orchestrate changes. Support clients to execute and support implementation with a McKinsey expert implementation team. Design, prototyping and transition phase, as well as roll out.

130 +

Procurement partners bringing S2P solutions to clients

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S2P experts supporting client engagements, developing knowledge, and digitizing tools

COEs +

S2P experts supporting client engagements, developing knowledge, and digitizing tools