Procurement orchestration platforms are advanced software solutions that prescribe and execute end-to-end source-to-pay workflows to achieve specific business outcomes. They aggregate and enrich procurement data from multiple sources, simulate the impact of decisions, and dynamically determine optimal actions—such as selecting buying channels or suppliers—based on user input, policies, and market insights. While current platforms often rely on static workflows and pre-configured integrations, they are primarily used by large enterprises and organizations with complex procurement needs, streamlining activities like contract renewals and supplier onboarding. These platforms enable greater automation, integration, and decision-making, though full-scale orchestration remains an evolving capability.
Gartner defines the source-to-pay (S2P) suite market as an integrated set of solutions to source, contract, request, procure, receive and pay for goods and services across an enterprise. These solutions typically are sold as cloud-based software as a service. Source-to-pay suites allow organizations to manage all of their sourcing and procurement activities within a single integrated solution. These solutions are modular in nature, allowing customers to activate/implement the functionality that is relevant for their needs, and are ERP/financial-system-agnostic. The integrated nature of these solutions allows for data to easily flow across the source-to-pay process, providing needed visibility to upstream and downstream information. For example, users can view a purchase order alongside its related contract, the sourcing event that led to the contract, and connected downstream documents like receipts, invoices and payments.