How Consumer Packaged Goods, Consumer Staples and Consumer Discretionary Firms Win with P2P Automation

Consumer packaged goods, consumer staples, and consumer discretionary firms have traditionally viewed Procure-to-Pay (P2P) as a necessary business expense, to be managed as efficiently as possible. Achieving strategic business objectives through P2P automation was not a priority. But that’s all changing.

Consumer goods firms have grasped the potential of P2P to drive working capital optimization. This is leading to a fundamental change in what businesses expect from P2P. But how much progress have consumer packaged goods, consumer staples, and consumer discretionary firms made in optimizing their working capital through P2P automation?

IOFM’s latest white paper details the findings of a new survey into:

• The P2P challenges faced by consumer goods firms
• The most important P2P metrics to consumer goods firms
• The successes consumer goods firms are having in optimizing working capital management

Download this white paper today to learn how your consumer packaged goods, consumer staples, and consumer discretionary firm stacks up!

Continuing Education Credits available:

Receive 1 CEU toward renewing APM, APS, APPM or APPS certification from the Institute of Finance and Management! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge

This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.