Brex reports that the procure-to-pay (P2P) process integrates purchasing and payment, aiming for efficiency, cost savings, and supplier satisfaction.

Companies that invest in automation in their AP departments reduce the per purchase order cost from $18 to $5, according to The Hackett Group. Every business wants to increase its working capital so ...

SAP Ariba is an e-Procurement platform designed to make the purchase of goods and services easier for faculty and professional staff by automating the procure-to-pay process. It is the primary method ...

From fake invoicing and pay-and-return schemes to personal purchases with corporate funds and payment fraud, fraud in the procurement-to-pay process is very common and extremely difficult to prevent ...

What is procure to pay, and how does it work? Every purchase your company makes follows a journey. It starts when someone needs something and ends when you pay the invoice. This journey, called ...

A laptop displaying the word 'P2P', illustrated with technology graphics. Every purchase your company makes follows a journey. It starts when someone needs something and ends when you pay the invoice.