Procure-to-Pay Optimization: Taking It to the Next Level
The P2P process is the combination of two enterprise business process segments that are often managed by different business areas. ScottMadden has found it helpful to think in terms of upstream processes—the world of sourcing and purchasing—and downstream processes—the world of accounts payable. Through countless hours of hard work, leading companies have pushed through a wide range of improvements which have paid off. But it has not always been an easy trek.
This report uncovers key questions to help you optimize your P2P process and find long-term value: What does a successful P2P framework look like? What are the key benefits? How do you get there? What are the main pain points? How can you address them to become more integrated? Where do you stack-up against your peers on the maturity continuum?
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