TCS TAP Description
Organizations can now reimagine their procurement and sourcing functions to create a virtual organization. This will allow them to drive agile and integrated processes and align buying decisions with sourcing strategies. Leaders and stakeholders have new expectations about the future of smart procurement and agile sourcing. Procurement and sourcing leaders are striving to overcome functional silos and unify end-to-end source-to-pay processes. They also seek ways to leverage supplier relationships that can be used to drive innovation and improve performance. Procurement 4.0 is defined by a lack of boundaries in source to pay functions, the ability to act on "here-and-now" spend insights, zero touch smart buying, and the ability to leverage ecosystems. TAP can be used as both an integrated source of pay and as an individual module, including TAP Sourcing (TAP Quick Bid), TAP Procure To Pay.