Traditional procure to pay (P2P) functions are paper intensive and manually operated with low automation—resulting in exceptions and errors, low productivity, processing delays and stakeholder dissatisfaction. Additionally, these legacy systems find low user adoption due to poor UI and multisystem, complex navigation. It becomes difficult to ensure spend through approved suppliers, negotiated contracts, and purchase policies—leading to low spend visibility.
It helps enterprises manage suppliers, contracts, catalogs, requisitions, purchase orders, invoices, and payments. With pre-built integrations TAP™ complements ERPs and enables shared services organizations to work efficiently through two key modules:
TAP™ Contract Management
- Provides repository of contracts, reusable templates, contract lifecycle alerts, usage tracking and management insights
- Helps drive savings and improve compliance through visibility, consistency, collaboration, and higher contract usage
Provides simple e-commerce like buying experience with smart shopping carts, item search, seamless PO creation, and transmission through integrated supplier portal
Helps organizations bring more spend under management, and increases contract compliance
TAP™ Accounts Payable
Digitizes and automates the invoice-to-payment process with embedded OCR, auto-matching, configurable queues, flexible workflow for exceptions and approvals, dedicated supplier portal, supplier query and disputes
Helps organizations achieve leaner and efficient Accounts Payable operations
TAP™ Supplier Management
- Provides seamless supplier on-boarding, easy self-service and continuous supplier performance monitoring
- Helps improve supplier relationships and build reliable supplier base
Our customers benefit from reduced purchasing and invoice processing costs, improved user adoption, better enforcement of purchasing policies, and enhanced supplier collaboration.
TAP™ accelerates transformation with ready-to-deploy modules and reduces TCO with transaction based pay-per-use pricing.
Click here for the TCS TAP™ Factsheet (PDF, 474 KB)