Synfiny Advisors Business Practice

Source-to-Pay

Source-to-Pay processes, which includes Strategic Sourcing/Category Management and Order-to-Pay, significantly impact a firm’s operational success and financial performance by increasing profit, reducing costs and improving cash flow. SynFiny Advisors helps you integrate these activities to deliver the right solutions, the most efficient processes, and the best value.

Strategic Sourcing/Category Management

  • Develop sound category sourcing strategies by using the six-step sourcing model
  • Find, select and build strong relationships with the right suppliers
  • Improve organization skills and capability
  • Improve stakeholder engagement
  • Gain clear understanding of your markets and suppliers

Order-to-Pay

  • Get accurate spend data and visibility
  • Simplify management of low dollar, non-strategic spending
  • Optimize current order management and payables solutions and technologies
  • Manage risk and governance
  • Set clear policies and manage compliance
  • Transactional work processes