PayStream Advisors’ 2015 Source-to-Settle for Manufacturing Report
The manufacturing industry has very complex needs that encompass procurement, sourcing, contract management, accounts payable, spend analytics reporting as well as managing multiple suppliers operating across a global supply chain.
Because manufacturing operations are so dependent upon maintaining transparent and secure processes, more companies in this industry are turning to source-to-settle automation. This software affords greater control and visibility into processes than manual procedures, and enables procurement, sourcing, and AP professionals to handle more tasks at greater speeds.
For this publication, PayStream Advisors surveyed several professionals of varying roles and positions from global manufacturing enterprises in order to analyze current source-to-settle processing trends within the industry. This technology guide offers a brief look at the current state of manufacturing among global organizations, best practices and also highlights the leading capabilities of source-to-settle software for the manufacturing industry.