Implementing P2P Automation

Significant operational improvements can be achieved in AP and purchasing by standardizing and automating the procure-to-pay process. Automation results in better financial controls, lower costs of products, reduced overhead, and better relationships with operations staff and vendors. Let's start by taking a look at manual processes and outlining the advantages of reengineering and automating P2P: Requisitions. In manual environments, requisitions are often completed on paper (or sometimes…