TAP™ Procure To Pay: Platform Solutions

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TAP™ Procure to Pay

Platform Solutions

Awards & Recognition

To know more
Visit the Products & Platforms page on tcs.com
Email: platform.solutions@tcs.com

About Tata Consultancy Services Ltd (TCS)


Tata Consultancy Services is an IT services, consulting and business solutions organization that
delivers real results to global business, ensuring a level of certainty no other firm can match.
TCS offers a consulting-led, integrated portfolio of IT and IT-enabled infrastructure, engineering
and assurance services. This is delivered through its unique Global Network Delivery ModelTM,
recognized as the benchmark of excellence in software development. A part of the Tata Group,
India’s largest industrial conglomerate, TCS has a global footprint and is listed on the National
Stock Exchange and Bombay Stock Exchange in India.

For more information, visit us at www.tcs.com

IT Services
Business Solutions
TCS Design Services I M I 08 I 18

Consulting

All content / information present here is the exclusive property of Tata Consultancy Services Limited (TCS). The content / information contained
here is correct at the time of publishing. No material from here may be copied, modified, reproduced, republished, uploaded, transmitted, posted
or distributed in any form without prior written permission from TCS. Unauthorized use of the content / information appearing here may violate
copyright, trademark and other applicable laws, and could result in criminal or civil penalties.
Copyright © 2018 Tata Consultancy Services Limited

www.tcs.com
Business 4.0TM is TCS' thought leadership framework to help customers leverage transformative digital
technologies to harness abundance of talent, capital, and capabilities. Procurement in Business 4.0TM
world can be re-imagined as the one with boundary-less procure to pay functions, capability to act on
“here and now” spend insights, zero-touch smart buying, and ability to leverage ecosystems.
Organizations need to embrace this new paradigm in order to participate in the next wave of
procurement transformation.

TAP™ is TCS’ cloud solution for the new procurement paradigm, offering one integrated suite to enable
contract lifecycle, supplier performance management, catalog based requisitions, Purchase Order (PO)
based buying, supplier self-service, invoice automation including capture, matching, exception routing,
approvals, and payment processing.

Our customers benefit from leaner operations, greater spend visibility, responsible buying, with better
buyer and seller experience.

Supplier Performance: Configurable, flexible KPI framework


Overview with surveys for performance tracking includes - KPI, weights and
Benefits The TCS Advantage
targets, survey library, wizard, auto evaluation, score generation,
Technology breakthroughs revolutionize industry processes and TAP™, with its integrated capabilities, helps organizations drive Our deep understanding of corporate and ERP functional areas,
interactive performance dashboards, KPI tracking, and supplier
the way businesses work and serve the customers. Business 4.0TM, greater value by empowering users and ensuring responsible focused global shared services, and extensive technology
ranking.
TCS' thought leadership framework, maps the digital buying and effective supplier collaboration. expertise make us the ideal partner for organizations’ needs.
technologies of the Fourth Industrial Revolution to their business Catalog and Non-Catalog Requisitions: Convenient, easy and With our platforms, they gain from:
implications and helps companies reimagine the way they create “e-commerce like buying” experience through advanced item Buy Easy with Agile Procurement: TAP™ helps
value. With our Business 4.0TM solutions enterprises become agile, n A Single Point of Accountability: We provide comprehensive,
search, quick selection of items through favorites and frequently organizations improve user experience by intelligent
intelligent, and automated, on the cloud global platforms, which help simplify governance through a
bought items, review cart, detailed item comparison, line item empowerment that helps in striking a balance
single point of accountability for infrastructure, information
level shipping address and cancellations, on behalf requisitions, between price and value.
In the context of procurement, organizations in the Business 4.0TM technology, and business process management.
and auto assignment of cost center.
world need ability to seamlessly unify functional silos through
API-fication, while embedding spend insights in the buying Drive Efficiency with Intelligent Automation: n Global Shared Services Enablement: TCS’ unique delivery
PO Based Buying: Ensure compliance with manual or auto PO
process. This new age of agile procurement brings a different set TAP™ with its intelligent automation, helps in leverages our diverse technical, language, and domain-specific
including standard, blanket, lease, goods and services PO types.
of opportunities for the leaders along with the stakeholder improving efficiency by elimination of redundant capabilities to enable shared services faster and in compliance
Streamline PO management with touchless PO, multiple cost
expectations. Businesses can capitalize on this new paradigm, manual interventions and approvals. with local regulatory requirements and cultural preferences.
center distribution, purchase order split, PO release, rule based
Procurement 4.0, by orchestrating a virtual buying organization auto approvals, and version control.
Drive Innovation and Manage Risk: TAP™ ensures n Flexible Solution Delivery Options: We offer Software-as-a-
that empowers users, drives innovation through suppliers, and
closer supplier collaboration leading to rewarding service (SaaS) and Business-process-as-a-service (BPaaS)
establishes n-tier supplier visibility for managing risk. Supplier Self-Service: Improve supplier relationship through
supplier relationships that not only helps in driving delivery models, depending on business requirements and
quick onboarding and continuous monitoring. Enable Suppliers
supplier performance but also mitigates various priorities.
to control key processes with end-to-end visibility on profile
Our Solution update, PO details, invoice status while allowing self-service supplier side risks associated with the buying n Domain Expertise: TCS’ investments, in expanding and
transactions including PO acknowledgements, online queries, process. enhancing the functional footprint of its solutions, ensure that
TAP™ is TCS’ procurement offering, for the buying needs of Advanced Shipment Notification (ASN) and invoice creation we meet organizations’ dynamic needs. We leverage our
tomorrow’s digital enterprises that are intuitively empowered, through PO flip. Adhere to Buying Needs: TAP™ promotes buying technology, domain, and people management expertise to
inherently compliant, and extremely connected. TAP™ enables through approved supplier and negotiated adhere to industry leading practices.
contract lifecycle, supplier performance management, catalog Invoice Automation: Ensure automatic, accurate capture and contracts. It supports catalog based requisitions and
based requisitions, PO based buying, supplier self-service, invoice validation of invoices across multiple channels and locations. PO based buying ensuring greater spend discipline.
automation including capture, matching, exception routing, Achieve a high matching accuracy for straight through
approvals, and payment processing. processing (STP). Enable efficient, time-bound exception Create Value while Preventing Leakage: TAP™
resolution and quality control, along with short processing cycle embeds spend insights and buying policies
Contract Lifecycle: Comprehensive, integrated and secure through coordinated, informed, and prioritized approvals.
contract lifecycle management provides - reusable templates, throughout the procurement process, thus reducing
collaborative reviews, 360 view including lifecycle events, usage Payment Processing: Optimize Days Payable Outstanding (DPO), cost of procurement and improving value by
tracking, and management insights. avail discounts, and ensure efficient handling of disputes through leveraging supplier relationships.
comprehensive payment processing capabilities including -
payment batch templates, approval, payment methods and
standards, alerts, and notifications.
TM
Business 4.0 is TCS' thought leadership framework to help customers leverage transformative digital
TM
technologies to harness abundance of talent, capital, and capabilities. Procurement in Business 4.0
world can be re-imagined as the one with boundary-less procure to pay functions, capability to act on
“here and now” spend insights, zero-touch smart buying, and ability to leverage ecosystems.
Organizations need to embrace this new paradigm in order to participate in the next wave of
procurement transformation.

TAP™ is TCS’ cloud solution for the new procurement paradigm, offering one integrated suite to enable
contract lifecycle, supplier performance management, catalog based requisitions, Purchase Order (PO)
based buying, supplier self-service, invoice automation including capture, matching, exception routing,
approvals, and payment processing.

Our customers benefit from leaner operations, greater spend visibility, responsible buying, with better
buyer and seller experience.

Supplier Performance: Configurable, flexible KPI framework


Overview with surveys for performance tracking includes - KPI, weights and
Benefits The TCS Advantage
targets, survey library, wizard, auto evaluation, score generation,
Technology breakthroughs revolutionize industry processes and TAP™, with its integrated capabilities, helps organizations drive Our deep understanding of corporate and ERP functional areas,
interactive performance dashboards, KPI tracking, and supplier
the way businesses work and serve the customers. Business 4.0TM, greater value by empowering users and ensuring responsible focused global shared services, and extensive technology
ranking.
TCS' thought leadership framework, maps the digital buying and effective supplier collaboration. expertise make us the ideal partner for organizations’ needs.
technologies of the Fourth Industrial Revolution to their business Catalog and Non-Catalog Requisitions: Convenient, easy and With our platforms, they gain from:
implications and helps companies reimagine the way they create “e-commerce like buying” experience through advanced item Buy Easy with Agile Procurement: TAP™ helps
value. With our Business 4.0TM solutions enterprises become agile, n A Single Point of Accountability: We provide comprehensive,
search, quick selection of items through favorites and frequently organizations improve user experience by intelligent
intelligent, and automated, on the cloud global platforms, which help simplify governance through a
bought items, review cart, detailed item comparison, line item empowerment that helps in striking a balance
single point of accountability for infrastructure, information
level shipping address and cancellations, on behalf requisitions, between price and value.
In the context of procurement, organizations in the Business 4.0TM technology, and business process management.
and auto assignment of cost center.
world need ability to seamlessly unify functional silos through
API-fication, while embedding spend insights in the buying Drive Efficiency with Intelligent Automation: n Global Shared Services Enablement: TCS’ unique delivery
PO Based Buying: Ensure compliance with manual or auto PO
process. This new age of agile procurement brings a different set TAP™ with its intelligent automation, helps in leverages our diverse technical, language, and domain-specific
including standard, blanket, lease, goods and services PO types.
of opportunities for the leaders along with the stakeholder improving efficiency by elimination of redundant capabilities to enable shared services faster and in compliance
Streamline PO management with touchless PO, multiple cost
expectations. Businesses can capitalize on this new paradigm, manual interventions and approvals. with local regulatory requirements and cultural preferences.
center distribution, purchase order split, PO release, rule based
Procurement 4.0, by orchestrating a virtual buying organization auto approvals, and version control.
Drive Innovation and Manage Risk: TAP™ ensures n Flexible Solution Delivery Options: We offer Software-as-a-
that empowers users, drives innovation through suppliers, and
closer supplier collaboration leading to rewarding service (SaaS) and Business-process-as-a-service (BPaaS)
establishes n-tier supplier visibility for managing risk. Supplier Self-Service: Improve supplier relationship through
supplier relationships that not only helps in driving delivery models, depending on business requirements and
quick onboarding and continuous monitoring. Enable Suppliers
supplier performance but also mitigates various priorities.
to control key processes with end-to-end visibility on profile
Our Solution update, PO details, invoice status while allowing self-service supplier side risks associated with the buying n Domain Expertise: TCS’ investments, in expanding and
transactions including PO acknowledgements, online queries, process. enhancing the functional footprint of its solutions, ensure that
TAP™ is TCS’ procurement offering, for the buying needs of Advanced Shipment Notification (ASN) and invoice creation we meet organizations’ dynamic needs. We leverage our
tomorrow’s digital enterprises that are intuitively empowered, through PO flip. Adhere to Buying Needs: TAP™ promotes buying technology, domain, and people management expertise to
inherently compliant, and extremely connected. TAP™ enables through approved supplier and negotiated adhere to industry leading practices.
contract lifecycle, supplier performance management, catalog Invoice Automation: Ensure automatic, accurate capture and contracts. It supports catalog based requisitions and
based requisitions, PO based buying, supplier self-service, invoice validation of invoices across multiple channels and locations. PO based buying ensuring greater spend discipline.
automation including capture, matching, exception routing, Achieve a high matching accuracy for straight through
approvals, and payment processing. processing (STP). Enable efficient, time-bound exception Create Value while Preventing Leakage: TAP™
resolution and quality control, along with short processing cycle embeds spend insights and buying policies
Contract Lifecycle: Comprehensive, integrated and secure through coordinated, informed, and prioritized approvals.
contract lifecycle management provides - reusable templates, throughout the procurement process, thus reducing
collaborative reviews, 360 view including lifecycle events, usage Payment Processing: Optimize Days Payable Outstanding (DPO), cost of procurement and improving value by
tracking, and management insights. avail discounts, and ensure efficient handling of disputes through leveraging supplier relationships.
comprehensive payment processing capabilities including -
payment batch templates, approval, payment methods and
standards, alerts, and notifications.
TAP™ Procure to Pay
Platform Solutions

Awards & Recognition

To know more
Visit the Products & Platforms page on tcs.com
Email: platform.solutions@tcs.com

About Tata Consultancy Services Ltd (TCS)


Tata Consultancy Services is an IT services, consulting and business solutions organization that
delivers real results to global business, ensuring a level of certainty no other firm can match.
TCS offers a consulting-led, integrated portfolio of IT and IT-enabled infrastructure, engineering
and assurance services. This is delivered through its unique Global Network Delivery ModelTM,
recognized as the benchmark of excellence in software development. A part of the Tata Group,
India’s largest industrial conglomerate, TCS has a global footprint and is listed on the National
Stock Exchange and Bombay Stock Exchange in India.

For more information, visit us at www.tcs.com

IT Services
Business Solutions
TCS Design Services I M I 08 I 18

Consulting

All content / information present here is the exclusive property of Tata Consultancy Services Limited (TCS). The content / information contained
here is correct at the time of publishing. No material from here may be copied, modified, reproduced, republished, uploaded, transmitted, posted
or distributed in any form without prior written permission from TCS. Unauthorized use of the content / information appearing here may violate
copyright, trademark and other applicable laws, and could result in criminal or civil penalties.
Copyright © 2018 Tata Consultancy Services Limited

www.tcs.com

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