Procure-to-Pay

Procure-to-pay is a term used in the software industry to designate a specific subdivision of the procurement process. The procure-to-pay systems enable the integration of the purchasing department with the accounts payable department.

Source: en.wikipedia.org

Widening Procurement’s Scope Of Vendor Risk Management
Widening Procurement’s Scope Of Vendor Risk Management
June 02, 2021  |  B2B Payments

The dreaded data breach has organizations prioritizing third-party risk management in the procure-to-pay workflow. But when it comes to managing suppliers — and the potential...

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Navigating The Budgetary Pressures Of Materials Procurement
Navigating The Budgetary Pressures Of Materials Procurement
May 13, 2021  |  B2B Payments

FinTech targeting the construction arena is a blossoming industry. With so many moving parts in a single construction project and with parties operating both in...

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Avoiding The Data Bottlenecks Of Source-To-Pay
Avoiding The Data Bottlenecks Of Source-To-Pay
May 10, 2021  |  B2B Payments

Data aggregation and entry is, for many organizations, a necessary evil throughout the enterprise. In accounts payable (AP), the ability to capture invoice data and...

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Deriving Value From Procure-To-Pay Beyond Early Payment Discounts
Deriving Value From Procure-To-Pay Beyond Early Payment Discounts
April 30, 2021  |  B2B Payments

As a department designed around the need to spend company cash, procurement is not always considered a value-added function of the enterprise. For organizations that...

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Paymogy Invests In Invoice Stream For P2P Services
Paymogy Invests In Invoice Stream For P2P Services
April 20, 2021  |  B2B Payments

Paymogy, which advises, owns and operates Software-as-a-Service (SaaS) businesses and startups in various industries, has invested in accounts payable (AP) automation platform provider Invoice Stream,...

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Garment Vendors Band Together To Fight B2B Payment Mishaps
Garment Vendors Band Together To Fight B2B Payment Mishaps
April 05, 2021  |  B2B Payments

One year since global retailers canceled garment orders and put off payments, industry players are banding together in an effort to combat B2B payment mishaps...

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Rethinking The Services Procurement Strategy For Both Buyer And Supplier
Rethinking The Services Procurement Strategy For Both Buyer And Supplier
December 30, 2020  |  B2B Payments

The procure-to-pay ecosystem has seen some dramatic changes in the last year, most notably thanks to the sudden onset of work-from-home requirements and the closure...

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How Project N95 Opens The PPE Market To Buyers In Need
How Project N95 Opens The PPE Market To Buyers In Need
November 17, 2020  |  B2B Payments

At the height of the pandemic in the U.S., an unprecedented surge in demand for medical equipment like N95 masks, respirators and isolation gowns has...

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The Procure-To-Pay Space Needs Amazon-Like Automation And Greater Payment Flexibility
The Procure-To-Pay Space Needs Amazon-Like Automation And Greater Payment Flexibility
October 13, 2020  |  B2B Payments

At a time when more and more transactions are being done online and at higher speed, the need to streamline corporate purchasing procedures has never...

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