SafeSourcing Wiki [O-R]

Return to Main Wiki Index

Procure to Pay
No Comments Yet

Procure-to-pay is a term that refers to a solution intended to control a portion of the procurement process. Procure-to-pay systems allow organizations to streamline efforts between their purchasing department and account payables department.

Typically, procure-to-pay solutions focus on the procurement process after sourcing has been completed. This differs from Source-to-Pay solutions which manage and control the entire procurement process from sourcing to accounts payable and financial reconciliation.

Rate This Page: Poor Great   |  Rate Content |
Average rating:  4.5   
Number of Ratings : 6

 |  View Topic History  |