Procurement - Process
S2C
(Source to contract)
The process of finding suppliers, choosing one and agreeing the contract before purchasing begins
What's it for?
Helps an organisation find suppliers, compare them and agree contracts before routine purchasing begins.
For example…
Procurement runs an RFP, shortlists three SaaS vendors, negotiates a framework agreement, and loads the awarded supplier into the buying catalogue.
An S2C process researches payroll suppliers, runs the tender, negotiates commercial terms and ends when the chosen contract is signed
Think of it like…
Choosing a builder and signing the contract before anyone orders bricks or pays invoices
Often confused with…
- S2P (Source to pay)The full process from finding a supplier through ordering from them and paying them
- P2P (Procure-to-pay)The business process from requesting a purchase through ordering, receiving it and paying the supplier
- ProcurementThe organised process of finding and buying goods or services for an organisation
- RFP (Request for Proposal)A formal request asking suppliers to propose how they would meet a set of needs