Ariba Procure To Pay
Procure-to-pay is the method of integrating purchasing and accounts payable systems to create greater efficiencies. It involves four key stages:
1. Selection of Goods and Services
2. Enforcing Compliance and Order
3. Receiving and Reconciliation
4. Invoicing and Payment
Procure-to-Pay software can
Control and improve global spend actively
Consolidate most manual commerce processes to reduce errors.
Streamline catalog maintenance, saving time and freeing up resources
Enable the approval of new suppliers.
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