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Description

The Source-to-Pay (S2P) process represents a comprehensive sequence of activities that link an organization with its suppliers, initiating with the identification of suitable suppliers to meet specific needs, followed by negotiations and contract agreements for the acquisition of goods and/or services. This process concludes with the invoicing and payment to these suppliers. S2P also involves strategic procurement processes, including spend analysis, sourcing, contract management, and supplier management, which addresses supplier information, risk assessment, and performance evaluation, along with downstream tasks such as electronic procurement, purchase orders, invoice automation, and accounts payable operations. Organizations leverage the Source-to-Pay framework to minimize expenses, mitigate risks, foster innovation, enhance supplier partnerships, and achieve a range of other objectives. Additionally, Ivalua’s Source-to-Pay platform streamlines and digitizes the entire process across all categories of spending and supplier relationships, thereby improving efficiency and effectiveness in procurement activities. This holistic approach empowers businesses to respond quickly to market changes while optimizing their supply chain management.

Description

Are you in search of a supplier management solution? Look no further than NextBuy, the ideal SRM tailored to meet your needs! With NextBuy, you will benefit from a variety of essential features designed to enhance your operations. It ensures timely management of deadlines while consolidating all necessary documents in a single location. Additionally, NextBuy provides organized eCatalogues for easy access to product information. Make informed decisions with the help of thorough data analysis, as NextBuy generates detailed statements, reports, and comparisons for your convenience. Serving as a purchasing and tendering platform, NextBuy bridges the gap between Buyers and Suppliers, fostering efficient B2B transactions. For years, we have been dedicated to empowering Purchasing Departments, helping companies gain a competitive edge and improved efficiency. Our goal is to fully digitize purchasing processes, unlocking new possibilities in the realm of procurement. Experience the future of purchasing with NextBuy as your partner!

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Adobe Acrobat Sign Yes 
Aprovall Yes 
Beamy Yes 
Docusign Yes 
Entrio Yes 
IntegrityNext Yes 
Leah Yes 
Lemon Learning Yes 
Procure Ai Yes 
Punchout Catalogs Yes 
Shortways Yes 
TCS ADD Yes 
TCS CHROMA Yes 
TCS HOBS Yes 
TCS Intelligent Urban Exchange Yes 
TCS MasterCraft DataPlus Yes 
TCS MasterCraft DevPlus Yes 
TCS MasterCraft TransformPlus Yes 
TCS OmniStore Yes 
TCS TAP Yes 

Integrations

Adobe Acrobat Sign No 
Aprovall No 
Beamy No 
Docusign No 
Entrio No 
IntegrityNext No 
Leah No 
Lemon Learning No 
Procure Ai No 
Punchout Catalogs No 
Shortways No 
TCS ADD No 
TCS CHROMA No 
TCS HOBS No 
TCS Intelligent Urban Exchange No 
TCS MasterCraft DataPlus No 
TCS MasterCraft DevPlus No 
TCS MasterCraft TransformPlus No 
TCS OmniStore No 
TCS TAP No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Ivalua

Founded

2000

Country

United States

Website

www.ivalua.com

Vendor Details

Company Name

ISRM

Founded

2011

Country

Poland

Website

www.nextbuy24.com

Product Features

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking No 
Contract Lifecycle Management Yes 
Electronic Signature Yes 
Full Text Search No 
Government Contracts No 
Pre-built Templates Yes 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control No 
Workflow Management Yes 

Procurement

Asset Management Yes 
Auction Management Yes 
Bid Management No 
Budget Management Yes 
Catalog Management Yes 
Contract Management Yes 
Inventory Management No 
Invoice Processing Yes 
PunchOut Yes 
Purchase Order Management Yes 
Receiving Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Purchasing

Catalog Management Yes 
Compliance Management Yes 
Contract Management No 
Inventory Management No 
Invoice Processing Yes 
PunchOut Yes 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management No 
Spend Management Yes 
Supplier Management Yes 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking Yes 
Multi-Currency No 
Prepaid Cards No 
Procurement Management Yes 
Receipt Management No 
Spend Analysis Yes 
Spend Control No 
Supplier Management Yes 

Vendor Management

Audit Management Yes 
Contact Management Yes 
Customer Database No 
Self Service Portal Yes 
Supplier Master Data Yes 
Transaction History Yes 
Vendor Maintained Profiles Yes 
Vendor Managed Inventory No 
Vendor Performance Rating Yes 
Vendor Qualification Tracking Yes 

Product Features

Purchasing

Catalog Management Yes 
Compliance Management Yes 
Contract Management Yes 
Inventory Management No 
Invoice Processing Yes 
PunchOut Yes 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Alternatives

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Promena

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Alternatives

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