} Purchase to Pay

Purchasing is about the availability, not only cost/spend. Increasing budgetary pressures and the status of the availability are placing strains on enterprises, prompting many to implement new procurement application that will improve service performance levels and reduce operating costs.

The Purchase-to-Pay process (P2P) spans from the point where a purchase order, or other demand signal, is submitted to a supplier for fulfillment, to the eventual receipt, verification and put away (of the product) to payment for goods or services received.

Typical pain points of manual P2P process are: 

1. Inconsistent and unreliable procurement master data,
2. Inefficient, error-prone purchasing process, 
3. Minimal visibility of Purchase Order status, 
4. Suppliers don't deliver the "perfect order", 
5. Delays in Payment processing, and 
6. Ineffective SLA management with trading partners. 

Our P2P application module helps to show how your enterprise can reduce operating costs while at the same time achieving end-to-end process visibility and control.

Benefits of P2P application:

1. Reduced overall P2P processing time and automated reconciliation process.
2. Availability of detailed data for spends analysis and decision-making and budgeting.
3. Ensure regulatory compliance when your workflow process enforces procedures, approvals and segregation of duties.
4. Reduce spend when you establish business rules that monitor and control maverick purchasing.

For more information on our P2P application module get in touch with our consultant who can explain you how it works for your enterprise and show value for your money.

GET IN TOUCH

P2P process flow

---

Featured Case Studies

Chain Hotels - Sopa / Elewana Collections