IFS Procurement, your complete source-to-pay solution

IFS Procurement lets you measure supplier performance, and nurture supplier relationships to continuously improve your supply chain, maximize savings and increase profitability.

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.

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