Procurement Software for Cost Savings in UK

Learn how to build a procurement function from scratch using the PRIME strategy. Explore three phases—foundation, purchasing standardization, and strategic transformation—to deliver savings, improve processes, and align with CEO/CFO priorities.

Price compliance is one of the most critical aspects of procurement. It ensures that negotiated savings translate into real financial benefits and prevents costly contract leakage. Traditionally, organisations rely on supplier catalogs to maintain price accuracy. While catalogs are useful, they are not foolproof—prices can become outdated, and manual checks can lead to errors.

Invoice inefficiencies are eroding profitability. Discover why leading CFOs are prioritising automation to safeguard margins, ensure compliance, and drive financial resilience.

Procurement teams are under pressure to manage more spend with fewer resources, but manual processes and fragmented systems make efficiency almost impossible. Source-to-Pay technology changes the game. By streamlining sourcing, automating supplier checks, and digitising procure-to-pay workflows, CFOs can unlock millions in savings, reduce risk, and achieve payback in under a year. Discover how S2P turns procurement into a strategic lever for growth and margin improvement.

Executive Summary For CFOs, the gap between planned margins and actual results often comes down to one thing: how well the organisation buys at the prices it negotiated. Contract price compliance is a direct driver of EBITDA protection, cash discipline, and risk reduction. Yet leakage persists because of manual processes, fragmented procurement tools, and complex […]