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Purchase to pay benefits

By implementing or developing purchase to pay (P2P) processes public bodies can look to achieve the following benefits.

 Users

Ease of use, catalogue of products and services, clarity and control on pricing and content, one-stop shopping, governance policies and procedures built in.

Stakeholders

Embedded authorisation workflow for both purchase orders and invoices, control of choice, audibility, visibility, efficiency and speed, drives best practice, consistency and standardisation in P2P processes.

Finance

Invoice workflow, clarity of information, compliance to processes, efficiency and speed, reduction in duplicate payments, reduction in manual intervention and audibility and visibility which helps to improve payment performance.

Supplier

Clarity of information, reduced risk, efficiency and speed, reduced contract leakage, visibility and standardised process across customer base.

Procurement

Improved contract delivery, enabling access and compliance to contract, exploitation of contract, quality of data and increased visibility.