Purchase to Pay (P2P) Process

The Purchase to Pay (P2P) process underpins many sub-processes from sourcing and negotiating terms, ordering, receipting and payment, through to contract and relationship management (Lysons and Farrington)

Information about Purchase to Pay (P2P) Process

The Purchase to Pay (P2P) process underpins many sub-processes from sourcing and negotiating terms, ordering, receipting and payment, through to contract and relationship management (Lysons and Farrington, 2006; Monczka et al., 2009; Pandit and Marmanis, 2008). A well-executed P2P process can increase control and visibility, save costs and generate automation efficiency (Monczka et al., 2009; Pandit and Marmanis, 2008).

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