Exostar Unveils Source-to-Pay Sourcing & Procurement Mgmt Platform

supply chainExostar has launched a new source-to-pay system that works to combine the functions of a management platform for sourcing, contracts, procurement, payments and invoicing work with information security features.

The company said Tuesday its S2P offering is based on Wax Digital’s web3 platform and builds on Exostar’s supply chain management portfolio for aerospace and defense customers.

“Organizations of all sizes, from large enterprises to small-to-medium businesses, are looking to rationalize sourcing and procurement to raise efficiency, reduce cost, and establish and enforce standard business processes and best practices,” said Doug Russell, Exostar’s vice president of supply chain solutions.

“S2P without security, particularly in the aerospace and defense world, is simply a non-starter.”

Exostar said access to its S2P system is controlled by the company’s identity and access management platform that works to enforce a multi-factor authentication that requires permissions and privileges assigned by administrators.

The S2P is also designed to feature analytics and reporting as well as support integration with an organization’s enterprise resource planning system, Exostar noted.

Check Also

Tim Spratto

BAE Wins $211M Navy Destroyer Ship Modernization Contract; Tim Spratto Quoted

BAE Systems will modernize the U.S. Navy's guided-missile destroyers USS Carney (DDG 64) and USS Winston S. Churchill (DDG 81) under a potential $211.6 million contract, the company announced Wednesday.

Travis Hartman Maxar

Travis Hartman: Maxar-AWS Partnership Helps NOAA Build Cloud-Based Computing Tech

Maxar Technologies collaborated with Amazon Web Services to build a cloud-based computing technology designed to accelerate processing of global weather data at the National Oceanic and Atmospheric Administration, SiliconANGLE reported Tuesday. “We knew NOAA had capabilities of weather prediction models in traditional on-premises, big beefy high-performance supercomputers, but we wanted to do it in the cloud; we wanted to use AWS as a key partner,” said Travis Hartman, director of analytics and weather at Maxar.


Slack Gets FedRAMP OK for Cloud-Based Comm Platform

Slack's channel-based messaging platform has been certified for compliance with the moderate security control baseline of the Federal Risk and Authorization Management Program.