A foundational look at purchase-to-pay technologies

White paper & report | 17 February 2012

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Download the report: A foundational look at purchase-to-pay technologies

(By downloading this report you consent to your details being shared with Spend Matters)

This is a very interesting report on purchase-to-pay technologies by Spend Matters.

The history of the purchase-to-pay technology market, while relatively short in duration, has certainly seen its share of fireworks and fire drills over the past decade and a half.

To provide rapid background for those coming up to speed on the subject, purchase-to-pay systems enable a range of hard-dollar cost reduction benefits, including reducing off-contract purchases, lowering purchase volume in general, improving operating efficiency, increasing PO throughput per FTE and bringing greater spend under management and lower contract rates.

Technology is required to support a range of requirements within purchase to pay, including supplier on-boarding, catalog management, supplier portal, workflow / process management, requisitioning, approval / status, order management / visibility, electronic invoicing, inventory / asset management, supplier connectivity, etc.

Download the report: A foundational look at purchase-to-pay technologies

(By downloading this report you consent to your details being shared with Spend Matters)

Spend Matters has also published a report e-Invoicing comes of age – discovering what’s possible from the latest electronic invoicing / invoice automation capabilities.

This report was discussed in our recently-held webinar Top procure-to-pay secrets to realize your cost reduction and working capital ambitions. You can watch this webinar or download the slides here.