Sadly s2p(Source to pay) is not normally a joined up process this often means that whilst procurement have negotiated great deals for organisations in both public and private sector the rest of the organisation are not realising either the savings or the strategic benefit.
SpendInsight shows that the public sector is only using the contracts that it has let about 30% of the time with 70% of spend off contract, and the situation is similar for private sector indirect spend, so having a good p2p process is as important as sourcing to realise the benefits from improved sourcing.
On the assumption that reasonable prices have been negotiated through sourcing. Typical p2p savings are as follows.
TOTAL (14.1% -39%)
@UK PLC Guarantees that a Spend Analysis will show significant potential savings, and provide the immediate savings to fund a full p2p eprocurement project.