P2P

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Responsibilities of AP vs. Purchasing

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

AP and Purchasing: Time to Coordinate Priorities

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

Team Up With Purchasing and Achieve Top P2P Performance

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

How to Future-Proof Your Invoice-to-Pay Process

Businesses are asking more of their accounts payable departments.

Accounts payable is expected to transform from a tactical back-office function into a hub of strategic real-time

The Role of Finance in Supply Chain Management

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

Procurement, AP, and Vendors: Looking at P2P from Three Different Perspectives

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

Dyncorp's P2P Training Program Cuts Cycle Time by 2 Weeks

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

P2P: Purchasing and AP: Together (At Last!) Under One Roof

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

How Eliminating P2P Friction Helps Pharmaceutical, Biotechnology, and Medical Device Firms Manage Cash

How_Eliminating_P2P_Friction_Helps_Pharmaceutical_Biotechnology_Medical_Device_Firms_Manage_Cash_cover Pharmaceutical, biotechnology, and medical device manufacturing firms are facing legislative uncertainty, mounting regulatory pressure, volatile economic conditions. It is for these reasons that more

3 Ways High-Tech Firms Can Eliminate P2P Friction

3_Ways_High-Tech_Firms_Can_Eliminate_P2P_Friction_cover In the fast-changing, hard-driving world of IT hardware and software, IT consulting and services, and high-tech, businesses cannot afford to be bogged down by inefficient Procure-to-Pay (P2P)