Source to Contract

The rise of the role of procurement brings a need for smarter procurement tools

Source to Contract


The role of Procurement is on the rise, and has been for some time. CIPS (Chartered Institute for Procurement & Supply) estimate there are now 55%-65% more people identified as ‘top talent’ in procurement roles now than in 2008. At Touchstone Spend Management, we very quickly realised if procurement was to move away from its roots as a functional buying department to become a fully-fledged strategic function at the top table, this new wave of savvy procurement professionals needed to be armed with savvy procurement tools.

At Touchstone Spend Management we use technology to enable good decision making. Give the right person, the right information, at the right time – you get good decisions.

The Source to Contract suite implemented by Touchstone Spend Management’s CIPS trained consultants arms procurement professionals with the information they need to make good decisions. Modules can be used independently, together as a Procurement suite and in conjunction with P2P for full spend management.