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S2P Case Study

S2P case study CHALLENGES SOLUTION Added corcentric solution in March 2020 Fortune 500 global chemical and ingredients distributor IMPACT Large tail spend + Limited visibility into supplier contracts and end user compliance Lean sourcing and procurement team + Decentralized procurement activities + Limited subject matter expertise Customer Spend analysis and procurement / AP workflows corcentric Automatically distributed POs and matched all incoming invoices $6.5M realized savings $300M in spend reviewed and addressed 4x ROI 50+ workflows and processes impacted 138 North American production sites serviced Global Deployment plans are underway corcentric Supplier 18
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