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Best Practices for Structuring P2P Roles Between AP and Procurement

April 8, 2025
April 8, 2025

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Q. We are considering a restructure within our Procurement department and our P2P team. We are currently structured that procurement creates the PO and has vendor management with the P2P team processing invoices and payments. What are the current best practices for P2P roles and responsibilities between AP and Procurement? A. (Answered by a member of IOFM's Advisory Panel) In my organization, Procurement manages PO vendor contracts, PO vendor agreements, PO vendor relationships, PO vendor risk…

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