Supplier Payment Optimization

  • Release version: Australia
  • Updated March 12, 2026
  • 2 minutes to read
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    Summary of Supplier Payment Optimization

    Supplier Payment Optimization is an application designed to help supplier managers assess potential savings from suppliers accepting credit card payments. By utilizing this application, companies can convert high-potential suppliers and capitalize on the benefits of card-based payments.

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    Key Features

    • Saving Estimator Tool: This tool allows users to estimate potential savings from credit card payments, with options to modify billing cycles and other parameters.
    • Propensity Score: Supplier managers can review the propensity score to determine the likelihood of suppliers accepting credit card payments.
    • Credit Card Enablement: Initiate cases for suppliers to enable credit card payments as their preferred method.
    • Payment Optimization Dashboard: Provides insights on overall spend, including monthly, quarterly, and yearly data, as well as top supplier opportunities for savings.

    Key Outcomes

    By implementing Supplier Payment Optimization, organizations can achieve:

    • Estimated savings from credit card transactions.
    • Improved expense tracking through detailed analytics.
    • Enhanced relationships with suppliers through timely payments, leading to better pricing and service.

    To utilize this application, ensure the required plugins are installed and check your entitlements for access.

    Supplier managers can view the potential returns or savings when suppliers accept credit card payments. They can convert high-potential suppliers, and capture value through card-based payments.

    Important:
    Check your entitlements to determine whether you have access to Supplier Payment Optimization.

    The Supplier Payment Optimization (com.snc.sn_slm_opt) application enables suppliers managers to estimate potential savings from credit card payments, which can result in significant cost savings for the company. It provides a Supplier Payment Optimization dashboard that provides an overview of the total potential savings for all suppliers.

    Supplier Payment Optimization offers the following key benefits:

    • Estimate savings: Estimate savings and returns associated with card acceptance by the suppliers.
    • Effective expense tracking: Compare actual expenses with the data available on the dashboard on monthly, quarterly, yearly, and all-time spend.
    • Drive conversion of high-potential suppliers: Identify, prioritize, and track suppliers with high acceptance potential.
    • Stronger supplier relationships: With more suppliers accepting credit card payments, timely and reliable payments help build trust and may lead to better pricing or priority service.
    Supplier Payment Optimization offers the following capabilities:
    • Saving estimator tool: The saving estimation tool can be used to calculate potential savings from credit card payments. The tool uses default values and enables users to modify billing cycles and other parameters to create new estimates. For more information, see Estimate savings using the saving estimator tool.
    • Propensity score: Supplier managers can check the propensity score (currently requires manual updates) before proceeding with raising the new supplier credit card enablement journey. For more information, see Add propensity score for a supplier.
    • Credit card enablement: Supplier Managers can initiate credit card enablement cases, enabling suppliers to use a credit card as their preferred payment method. For more information, see Create a case for supplier credit card enablement.
    • Payment optimization dashboard: The dashboard includes data on the all-time spend and total spend for the current month, current quarter, and current year. It also lists the top 10 supplier opportunities based on the saving estimates generated using the saving estimation tool. For more information, see View the Payment Optimization dashboard.
    To install Supplier Payment Optimization, the following plugins have to be installed:
    • Required plugin: Supplier Payment Optimization (com.snc.sn_slm_opt)
    • Dependent plugins:
      • Supplier Operations (com.snc.sn_so)
      • Source-to-Pay Workspace (com.sn_spend_workspace)
      • Source-to-Pay Common Architecture (com.snc.sn_shop)
    For more information, see Install Supplier Payment Optimization.

    For more information about using Supplier Payment Optimization, see Using Supplier Payment Optimization.

    For more information about Supplier Payment Optimization data model and primary tables, see Supplier Payment Optimization reference.