How ServiceNow Source-to-Pay Helps Lower Costs While Reducing Risk

If your procurement team is juggling multiple suppliers, important contracts and payment portals while using email and spreadsheets to keep track of everything, there’s a high chance manual error will occur.

Don’t take the risk of important details getting lost in the shuffle; with ServiceNow’s Source-to-Pay platform, your organization can move all procurement operations to a single platform.

By centralizing and automating tasks like supplier onboarding, compliance validation, order creation and other repeatable processes, you can reduce risk, eliminate inefficiencies and foster stronger supplier relationships.

Tools such as a centralized supplier portal, compliance alerts and triggers streamline operations while maintaining complete audit trails. Reporting and analytics help you monitor onboarding, supplier performance and compliance metrics.

The platform can also proactively identify potentially overlooked suppliers offering innovations or better pricing, and it can provide alerts about supply chain risks by analyzing external factors like news or logistics disruptions.

Whether you’re just beginning to explore ServiceNow’s Source-to-Pay tools or looking to enhance an existing implementation, CDW can guide you every step of the way.

Watch our webinar, “How ServiceNow Source-to-Pay Helps Lower Costs While Reducing Risk,” to learn more.