Keywords: purchase to pay, procure to pay, P2P, top tips, procure to pay leaders, conference

Amylin Pharmaceuticals, ABB, Kraft Foods and Alliance Data share their tips on procure-to-pay

Article | 1 October 2012

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During the Procure to Pay Leaders Summit meeting in Dallas this summer, more than 70 end-users met to discuss what were the most pressing issues in their procure to pay strategies.

Here is what Amylin Pharmaceuticals, ABB, Kraft Foods and Alliance Data had to say about their top take aways.

Top take aways from:

Chris Allbritain, Amylin Pharmaceuticals

“Map out your current state process”

“It’s really starting with a clean slate and building that step-by-step current state from scratch”

Gayle Tsipis, ABB

“Accounts payable on its own is never going to be able to drive full end to end solutions, you have to have engagement from the whole procure to pay process”

Paul Williams, Kraft Foods

“Don’t underestimate the amount of work that should go into understanding the current state, and then don’t underestimate the amount of work that should go in to change management”

Todd Holcomb, Alliance Data

“Identify some key risks”

“Make sure end users accept the new processes and changes”

“Have a game plan in place”

“You need to have staff to support the new change”

“Suppliers on board”

“Really look at your company, identify the risk and ensure you have the appropriate mitigation plans to drive that forward”