TECHNOLOGY
Well versed in the world of procurement and sourcing , Saurabh Gupta , President of Research and Business Operations at HFS Research , has deep roots in the industry of more than 20 years in multiple verticals , including consulting , service provider and research .
Currently , as President of Research and Business Operations at HFS Research , Gupta leads the overall research and advisory services at the company . “ I used to be a consultant for sourcing advisory looking at outsourcing and third-party vendors . I ’ ve also been a provider of these services , as well as a client . Now though , I am an analyst writing about everyone else , which is a lot of fun .”
Understanding Source to Pay ( S2P ) When it comes to Source to Pay ( S2P ), Gupta explains that this term can be divided into two subparts , “ one is Sourced to Contract ( S2C ), and the other is Procure to Pay ( P2P ).”
Keeping it simple , Gupta uses the example of procuring laptops for employees to explain how these two subparts ( S2C and P2P ) link together to form the entire process ( S2P ). “ So let ' s say in your organisation every employee needs a laptop . So think of how that would be done . The first part - S2C - is somebody in your organisation
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