IFS procurement Brochure - The full source to pay process

IFS Procurement covers the complete source to pay process. It enables you to make the best possible procurement decisions by helping you better understand your sourcing needs, selecting the best suppliers, creating and managing contracts, and executing efficiently against those contracts to manage and control spend.

Whether you’re manufacturing products, delivering services, maintaining assets or delivering complex projects – IFS Procurement is built into your business processes.

IFS Procurement enables you to manage all your sourcing activities:

• Strategic planning
• Sourcing evaluation
• Contract management
• Operational procurement
• Invoice & finance management
• Risk management
• Supplier lifecycle & performance management