P2P

Although most AP professionals could probably write a book on the challenges of working through problem invoices, Proactis, in its Spend Control Management report, lists three major outcomes of a

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Purchase-to-pay–or P2P–covers the functions of requisitioning, purchasing, receiving, paying, and accounting for goods and services. In a highly-functioning, best-practice P2P process, all those

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Purchase to Pay (P2P) is a topic on the minds of organizations across a wide spectrum of industries. In this article, we explore the observations of Tom Finn of HealthcareMatters.com and John Zangari

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Glitches can occur with any P2P process , and can be caused by a number of factors. "P2P challenges are not unusual, and should be expected," reports Pete Loughlin of Purchasing Insight. For example,

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In a nutshell, purchase-to-pay, or P2P, is the flow of an order–from the time that an order is sent to a supplier, to the fulfillment of the order, and ultimately, to the payment for the product.

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A Conversation with David Hay

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In the pursuit of better transaction processing (low cost and supportive of cash management strategy), centralization is a first step. Centralizing into a shared… Read More

Vendors, in an effort to get paid in a timely fashion, often offer 1/10 net 30 or 2/10 net 30 discount terms. That translates into a one or two percent discount if paid within 10 days. If the invoice… Read More

Merchandise Purchases Merchandise Invoice Processing Best Practices Indirect Materials: The Real Challenge for Retail AP Key to Success: The Purchase Order The retail business is cutthroat. Many

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How Sophisticated are Manufacturers When Automation Doesn't Work Just-in-Time Delivery and Vendor-Managed Inventory Evaluated Receipt Settlement Sourcing Indirect Spend Overcoming Common… Read More

Contrary to popular belief, accounts payable departments do not operate in a vacuum. Although traditionally AP and procurement have rarely worked together, businesses benefit when they do. When the

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