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

How Bank Collaboration Sets The Stage For Construction Procure-to-Pay Efficiency

How Bank Collaboration Sets The Stage For Construction Procure-to-Pay Efficiency
How Bank Collaboration Sets The Stage For Construction Procure-to-Pay Efficiency
August 13, 2021  |  B2B Payments

The construction sector is among the oldest of trades, so it’s not shocking that around the world, construction workflows continue to rely on outdated processes....

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Helping Firms Make The Leap Into Digital Shipping Container Procurement
Helping Firms Make The Leap Into Digital Shipping Container Procurement
July 27, 2021  |  B2B Payments

When considering the digital B2B commerce revolution, shipping containers probably don’t come to mind as an exemplary driver of innovation. Get the Full Story Complete...

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Healthcare Procurement Takes The Vantage Point Of The Scientist
Healthcare Procurement Takes The Vantage Point Of The Scientist
June 23, 2021  |  Healthcare

The COVID-19 pandemic became an era of wake-up calls in every sense of the phrase. For businesses, those wake-up calls often came from the business...

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How eSignature Technology Earned The Trust Of Procure-To-Pay
How eSignature Technology Earned The Trust Of Procure-To-Pay
June 14, 2021  |  B2B Payments

Electronic signature (eSignature) technology isn’t new — and nor is its legal validity. In the U.S., legislation passed way back in 2000 made eSignatures legal...

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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. Get the Full...

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