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Procure-to-pay solution strengthens purchasing compliance first and foremost

HomeBlogBriefProcure-to-pay solution strengthens purchasing compliance first and foremost

7 June 2022
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Half of respondents (50%) last online survey carried out by Acxias, strengthening the compliance of Purchases is the main asset of a Procure-to-pay solution, ahead of additional savings (27.3% citations) and increased team productivity (18.2%). Only 4.5% of respondents mentioned the reduction in the number of supplier disputes. By guiding purchase requisition and validation operations, such a solution makes it possible above all to secure and align processes with best practices and internal management rules. The conditions negotiated by the buyers are automatically applied, thus avoiding wild purchases and concentrating consultations with referenced suppliers. In terms of productivity gains, these solutions Automate the reconciliation between invoices and orders as well as a large part of the accounting operations (accounting imputations, etc.).

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