The next steps involve receiving the good common documents created in this phase include an advanced shipping notice (ASN) and order confirmation. The main steps in procure to pay, starting with the procurement side, include, first, a requisition order - essentially, an internal request to purchase something - which starts the ordering process during which a purchase order (PO) is created. Procure to pay is also sometimes called purchase to pay. Procure to pay is often abbreviated as P2P, but it shouldn't be confused with, for example, peer-to-peer networking technology, which is also called P2P. It is a process, not a technology, though there is software expressly designed to handle the entire procure to pay process or components of it, such as invoicing, or related processes, such as inventory management and financial accounting. It gets its name from the ordered sequence of procurement and financial processes, starting with the first steps of procuring a good or service to the final steps involved in paying for it.
Are you like the thousands of enterprises that have implemented Ariba P2P for indirect PO and invoice processing? Are you struggling to expand your Ariba deployment to suppliers who can't and won't invoice on the Ariba Network? Is your team tired of expensive, multi-year supplier enablement waves that yield little ROI? What if AI technology could quickly grab invoice PDF files from your AP email inbox, then autonomously extract, validate, classify, code, and process the vast majority of them, all without manual intervention? AppZen's Autonomous Accounts Payable solution for Ariba does just that, in days, for your suppliers not currently transacting on the Ariba Network.Procure to pay is the process of requisitioning, purchasing, receiving, paying for and accounting for goods and services.
0 kommentar(er)
