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Optimizing Purchase-to-Pay (the business process of Requisitioning, Approving, Ordering, Receiving and Paying for goods and services) takes more than a “No PO No Pay” Policy.
Purchase-to-Pay, or P2P, typically touches a significant proportion of employees, spans the traditionally discrete business units of Procurement, Supply Chain and Finance, extends outside of your organization to suppliers, and covers multiple categories of spend across Direct, Indirect and MRO.
Find out more about P2P optimization in our latest Sector Lens eBooks.