Why You Should Invest in a Procure-to-Pay System

Procure-to-Pay, aka “Purchase to Pay,” “Req to Check,” “Order to Cash,” and P2P refers to “a seamless process enabled by technology designed to speed up the process from point of order to payment,” according to the Chartered Institute of Purchase and Supply (CIPS). The typical procure-to-pay (P2P) cycle includes the following steps: Most P2P systems

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