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Procure-to-receipt, a priority target for the digitalization of purchases

HomeBlogBriefProcure-to-receipt, a priority target for the digitalization of purchases

4 May 2022
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Nearly half (48%) of participants in acxias' latest survey on social networks, digital solutions Purchases are particularly essential on the Procure-to-receipt process, ranging from the management of requests and orders to the receipt of items. The remaining responses are relatively evenly split between Source-to-contract (21%), Account payable (17%) and Spend & Performance management (14%). To ensure compliance with the conditions negotiated upstream as well as the payment deadlines of suppliers, and while an acceleration of projects is expected on the billing-payment chain in the perspective of the generalization of the electronic invoice from 2024, it is logical that transactional processes are the priority target of the digitalization of the function.

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