Procure to Pay

Today, in a modern and globalized economic environment, efficient procurement and payment management is a fundamental requirement for success. The procure-to-pay (P2P) process includes all steps from managing requirements, ordering goods and services to the payment of suppliers. Innovative software solutions such as SAP Ariba, SAP S/4HANA as well as other 3rd party procurement solutions help companies optimize their P2P processes.

Cost Savings and Efficiency Gains

An efficient procure-to-pay process helps realizing cost savings and efficiency gains. SAP Ariba enables the automation of P2P processes, from requisition creation to ordering and invoice processing and payment. The integration of SAP Ariba with SAP S/4HANA or SAP Central Procurement supports seamless collaboration between procurement, finance, and logistic departments, enabling companies to save time and resources and reduce human errors.

Improved Supplier Relationships

An optimized P2P process promotes the development of strong and long-term relationships with suppliers. Collaboration between companies and suppliers is facilitated by SAP Ariba by providing a central platform for communication, document exchange and performance evaluation. This leads to improved and more transparent communication, increased trust, and ultimately higher satisfaction at all lifecycle steps.