Digital Procurement Transformation with ServiceNow Source-to-Pay
Phuong Rosa

Phuong Rosa @phuong_nguyen_rosa

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Aug 6, 2024

Digital Procurement Transformation with ServiceNow Source-to-Pay

Publish Date: Jun 11
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Unlock Procurement Cost Savings with ServiceNow Source-to-Pay
Public sector organisations across Australia and New Zealand are under growing pressure to cut costs and operate with fewer resources. Procurement teams, in particular, are expected to deliver more value while dealing with manual processes, fragmented systems, and reduced headcount.

The Cost of Inefficiency

Manual sourcing, email approvals, spreadsheet tracking, and disconnected systems lead to:
Delays in approvals and payments
Limited visibility and data accuracy
Compliance risks
Staff burnout

These challenges drive up operational costs and reduce the effectiveness of procurement functions.
ServiceNow Source-to-Pay: Driving Procurement Cost Savings
ServiceNow’s Source-to-Pay (S2P) platform transforms procurement by automating the entire process— from requisition to payment. Key benefits include:
Automated workflows for faster approvals and reduced manual work
Integrated supplier management and contract visibility
Real-time reporting for better spend control and compliance
Lower processing costs, achieving up to 30–50% procurement cost savings

Novabridge’s Strategic Sourcing Advantage

Built for government and complex public sector needs, Novabridge’s Strategic Sourcing App enhances the S2P experience with:
RFx management (RFI/RFQ/RFP/EOI)

Custom approval flows
Transparent audit trails
Structured supplier evaluation

Why Choose Novabridge?

As a ServiceNow Elite Partner with a strong footprint in Australia, New Zealand, and the APAC region, Novabridge combines deep procurement expertise with world-class technology delivery—helping public sector organisations save time, reduce risk, and unlock meaningful procurement cost savings.

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