Purchase-to-Pay

Purchase-to-Pay, also known as Procure-to-Pay and abbreviated to P2P, is made up of a number of stages that describe the end-to-end process from an organisation ordering a product or service to making the subsequent payment. With P2P you can control the whole buying process, from initial request through to payment for good/services received.

Employees will readily embrace it as the easiest way to buy the things they need while following established policies and guidelines.Simplify the day-to-day purchasing process while ensuring compliance with all sourcing, authorisation and financial controls. Managers have immediate visibility of request details along with related financial information to support daily buying decisions and budget control.

 

Guide your buyers

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You can deter maverick spending and increase employee satisfaction by providing your staff with a 'guided buying' experience they will readily adopt.
That means highly intuitive search tools with access to authorised suppliers, items and services via a wide array of content options.

Accelerate Approvals

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Managers can issue approvals quickly, checking key details and financial information easily to support their decisions and ensure budget control. Once alerted, they can make decisions in the office or on the road via their smartphones. You can also gain full visibility of every purchase commitment to support cash management.

Save hours of work

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Avoid the resource-draining process of manually matching invoices with purchase orders, receipts and other records. A very high percentage of invoices can be matched accurately with order details and passed for payment automatically. Any exceptions can be handled smoothly, via a workflow-driven, trouble-shooting process that checks back with all the right people automatically.

See the big picture

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See a clear picture of purchasing, from transactions through to summary analysis. You can gain total visibility in near real-time. Personalised management dashboards provide valuable insights for better-informed decisions by your executive team.