P2P

Q. We are currently working on setting up a purchasing department.  We are curious about where some of the duty lines are drawn between AP and the purchasing department.  We are in the process… Read More

Q. We are currently working on setting up a purchasing department.  We are curious about where some of the duty lines are drawn between AP and the purchasing department.  We are in the process of… Read More

AP and Purchasing have always marched to different drummers, but these days, organizations are placing more scrutiny on the purchase-to-pay cycle. The time has come for the two departments to get… Read More

AP and purchasing can build a cooperative, productive relationship when they begin to look at the purchase-to-pay cycle as one whole process rather than focusing on only their specific parts of P2P… Read More

The controller and the finance department are critical links in a company’s supply chain. As such, they can play a strong role in ensuring cost-effective supply chain management, says Keith D.… Read More

By Brian Rosenberg - Let’s examine the point of view of the procure-to-pay process from the perspective of each of the players to better understand the objectives of each operation and how they… Read More

James Lallande, a senior AP manager for government contractor Dyncorp International, received a mandate to improve the company's cash flow position. This was no easy task, since his AP department was… Read More

It has been said that a successful P2P program is like a marriage–it is not for the impatient or for the easily distracted. To make any P2P program work, AP and purchasing must be willing to enter… Read More

By Keith D. Dabbs, MBA, CMRP, APM Coordination and collaboration between AP and  purchasing form the foundation of an effective P2P process—and communication is the ground on which this foundation… Read More

Does it ever feel like AP and Procurement don’t speak the same language? You’re not imagining things. Often, issues as basic as “unit of measure” and “unit of price” can differ between… Read More

The effectiveness and efficiency with which AP executes the communication part of the P2P cycle is largely dictated by the way in which the purchasing part of the cycle is handled. In other words,… Read More