Organizations have a lot riding on the efficiency and effectiveness of their procure-to-pay processes.
Disruptions to an organization’s ability to purchase or pay for materials, goods and services can negatively impact its:
Supply chain
Customers
Financial standing
Yet, most organizations rely on manual or semi-automated procure-to-pay processes that cost too much, take too long, create too many errors, provide inadequate visibility and frustrate internal stakeholders and suppliers.