Electronic supplier interaction and commerce will improve the effectiveness of your Purchase-to-Pay (P2P) system, reduce the load on Accounts Payable (AP), reduce supplier risk, and most importantly, increase Procurement's capacity to generate more savings opportunities.
It also has significant benefits for you and your suppliers. Use this guide to identify and prioritise the areas with the greatest savings potential for your organisation, then to calculate and summarise those savings.
Buyer savings from:
Supplier savings from: