What is an S2P process owner?

An S2P (Source-to-Pay) Process Owner is responsible for overseeing and optimizing the end-to-end procurement process within an organization. This role ensures that sourcing, purchasing, and payment activities are efficient, compliant, and aligned with business objectives. The S2P Process Owner collaborates with various departments, manages process improvements, and implements best practices to drive cost savings and operational excellence. They also monitor key performance indicators and ensure that procurement technology and systems support the organization's needs.