IOFM Series: Mitigating the Risk of Procure-to-Pay Improvement—Part 1

January 6, 2017


Process improvement forum link_rev

Phase #1: Know What and How You Execute P2P

Phase 1

Step One: Define the Problem

Improving procure-to-pay (P2P) isn’t just about squeezing out costs or freeing up time. Poorly run processes can damage your relationship with your end customers and drive away your best employees.

Case in point: At a mid-sized IT services company, the combination of multiple legacy billing systems and no centralized master data system meant that when a customer returned an item, it would take, on average, more than 5…

  Become A Member

Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500