p2p

The procure-to-pay (P2P) process is growing in importance within many enterprises as we’ve noted in many articles including here and here. As with any business process, optimization is key to creating value throughout the process. Within P2P, I believe that the main drivers of optimization include: Efficiency – from a cost, productivity, resource allocation and [...]

We discuss the Procure-to-Pay (P2P) process frequently on Payables Place because of its central importance to Chief Financial Officers and AP operations. We also see it is as a “Hot Button” issue for AP groups in 2014 and we see a its importance as part of larger trend of the convergence of finance and procurement. [...]

We discuss the Procure-to-Pay (P2P) process frequently on Payables Place because of its central importance to CFOsand AP operations. We also see it is as a “Hot Button” issue for AP groups in 2014, as noted in this article. P2P processes involve the various stages of a business’ transactions with its supplier and these processes [...]

This is really a continuation of the last article which focused on trends & predictions for 2014 around technology in the AP/P2P space. Today, I wanted to continue the discussion by laying out what we have identified to be the hot button issues for AP leaders in 2014. Hot Button Issue #1 – Supplier communication [...]

Although ADP is best known for providing payroll services, the company is playing an increasing role in the ePayables space with the ADP Procure-to-Pay (P2P) solutions. ADP has been in this space since January of 2010 through its acquisition of DO2 technologies, a provider of electronic invoicing solutions that was well-established in the oil and [...]

Following my previous article on an Ariba Commerce Summit, here is Part II of the discussion we had at the event around connecting processes and systems within the P2P cycle and fostering collaboration. Benefits of collaboration between procurement and AP Procurement and AP are already linked by two parts of the same transaction and while [...]

Last week I participated in an Ariba Commerce Summit in Boston, this one day event (that is taking place in other locations – see here) brought together procurement professionals from the New England area to network and learn from each other as well as other industry experts. A key theme for this event was collaboration [...]

The results of Best-in-Class organizations show that an investment in Procure-to-Pay (P2P) can pay large dividends, while the relentless pressure on bottom-line performance makes a P2P investment all, but necessary, for most groups. Yet, the speed and level of returns from a P2P initiative can and do vary widely. Competing short-term initiatives from distinct organizations [...]

Ariba (NASDAQ:ARBA), a cloud-based provider of collaborative commerce solutions, announced the acquisition of b-process in October 2011. The acquisition, for approximately €35 million in cash, allows Ariba to further expand its global footprint for eInvoicing solutions. b-process, a privately-held French company, is an electronic invoicing service provider, which offers certified VAT and regulatory compliant eInvoicing [...]