Futureproofing your S2P - Ecosystem vs Single Suite

Presented by

Duncan Jones from Forrester, Michael Carter from SirionLabs, Sammeli Sammalkorpi from Sievo and Magnus Bergfors from Basware

About this talk

After years of hearing that “end-to-end is king” and that it’s more streamlined to have a single solution to cover everything from sourcing through to payments, leading analyst firms are suggesting an alternative to Source-to-Pay (S2P) strategies: holistic ecosystems, which encourage the use of “best-of-breed” solutions at each stage of the S2P process - all unified around a central core of data visibility. In this webinar, we explore with guest speaker Duncan Jones from Forrester what to consider when building your S2P strategy and which success factors you need to keep in mind. Our panelist speakers from Sievo and SirionLabs together with Magnus Bergfors from Basware will share best-practice use-cases for when an ecosystem approach is your best choice and how you bring it to life in practice. You will learn: - What characterises the ecosystem strategy vs. single-suite approach? - Conclusions from the latest market data to help influence and manage different stakeholder needs - Planning for S2P success today and in the future - Use cases for a modular ecosystem approach with examples from Contract Lifecycle Management (CLM), Spend Analytics, Accounts Payable & P2P

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Basware is the only procure-to-pay and e-invoicing solution provider that empowers businesses with 100% spend visibility through 100% supplier connectivity and 100% data capture. Our cloud-based technology enables organizations to fully manage their spend, mitigate financial risk and reduce the cost of operations via automation. With the world’s largest open business network and an open technology ecosystem, we are uniquely positioned to deliver the solution required for Visible Commerce, which provides customers with complete transparency into all the flows of money, goods, and services around the world. A global company, Basware has offices in 14 countries and is traded on the Helsinki exchange (BAS1V: HE). https://www.basware.com/en-en/home/