In Part 1 of this two-part blog, Sophie Pope, Director of Sales, UK and Nordics, Determine a Corcentric company, looked at how organizations can better position to improve business continuity and resilience, starting with the current state of collaboration between procurement and finance. Part 2 digs deeper into the how’s and why’s of collaboration, both internally and with 3rd-parties.
Working from home due to the COVID-19 crisis is disorienting for most of us, and yet we see one bright spot emerging from it: The opportunity to automate critical operations online to replace time-consuming, manual tasks.
What’s it all about?
Procure-to-Pay, Purchase-to-Pay, P2P, eProcurement — whatever name you want to give it — is a series of coordinated and integrated activities designed to fulfill the requirement of getting the right goods or services, in an efficient manner at the right price, at right time. You got this, right?