The Procure-to-Pay Process — Overlooked and UnderappreciatedManufacturers and retailers seek new ways to partner with suppliers to ensure their health, strong performance and optimal delivery of inventory. IDC points out that P2P is a key step in achieving these goals by enabling better planning, execution and access to capital for suppliers.
This paper explores how P2P is no longer just enabling automated procure-to-pay processes. P2P is increasingly filling a void in retail and manufacturer programs to achieve supply chain transparency, collaboration, risk management and overall assurance of supply.
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