P2P

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In the fast-changing, hard-driving world of IT hardware, software and consulting, businesses cannot afford to be bogged down by friction in their P2P processes. But

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How_Eliminating_P2P_Friction_Helps_Pharmaceutical_Biotechnology_Medical_Device_Firms_Manage_Cash_coverPharmaceutical, biotechnology, and medical device manufacturing firms are facing legislative uncertainty, mounting regulatory pressure, volatile economic conditions. It is for these reasons that more

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3_Ways_High-Tech_Firms_Can_Eliminate_P2P_Friction_coverIn the fast-changing, hard-driving world of IT hardware and software, IT consulting and services, and high-tech, businesses cannot afford to be bogged down by inefficient Procure-to-Pay (P2P)

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By Keith D. Dabbs, MBA, CMRP, APM Coordination and collaboration between AP and  purchasing form the foundation of an effective P2P process—and communication is the ground on which this foundation… Read More

Does it ever feel like AP and Procurement don’t speak the same language? You’re not imagining things.

Often, issues as basic as “unit of measure” and “unit of price” can differ between… Read More

APP2P17_Basware_Whitepaper_CoverLet IOFM Show You How Analytics Drives Better P2P Results

With vast amounts of data flowing through the procurement and finance departments every day, P2P professionals are in a unique position to

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Compared to their peers, best-in-class procure-to-pay organizations:

  • Spend less to issue purchase orders and process invoices
  • Post more invoices straight-through, without
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The effectiveness and efficiency with which AP executes the communication part of the P2P cycle is largely dictated by the way in which the purchasing part of the cycle is handled. In other words,… Read More

Approaching continuous improvement in a P2P environment can seem like a daunting task. It can be difficult to determine how to begin an endeavor that, by its very name, has no end. Matthew Molter,

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JScheer_sm

Jess Scheer

Continuing Education Manager, IOFM

Most organizations run P2P in two separate silos: Procurement is responsible for selecting and negotiating terms with vendors and then ordering goods… Read More

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