Lifecycle
What is source to settlement?
Source to settlement (source-to-settle) is the path from identifying a need to paying the supplier. Auvora is built as one platform for that path, not a pile of optional modules.
The path
Requisition → RFx → Supplier → Work order → Timesheet → Invoice → Settlement.
Each step writes to the same audit trail. That is what "one platform" means here.
Why teams search this term
They have a sourcing tool, a timesheet tool, and an AP inbox that do not agree. Auvora is the VMS that keeps those objects together. See the product tour.
Settlement
Settlement in Auvora is three-way match plus the export your ERP needs. Not a published customer ROI study. Walk-through: three-way match and finance.
Related
VMS · Procurement software · VMS vs procurement
Frequently asked questions
What is source to settlement?
It is the end-to-end procurement and payables path: source (find and award suppliers) through settlement (match and pay invoices).
How is that different from source to pay?
Source-to-pay is the common analyst phrase for the same idea. We use source-to-settlement because the last object in Auvora is a matched invoice, not a slogan.
Does Auvora cover the full path?
Yes for VMS workflows: requisition, RFx, supplier, work order, timesheet, invoice, three-way match. ERP general ledger remains in SAP, Oracle, or Dynamics.
Next step
See it on your workflow
30 minutes. No credit card. Commercial terms after scoping.