Purchasing and Accounts Payable Assessment Tool

A practical first step to assessing your process for Purchasing and Accounts Payable.
As a Finance or Procurement leader in your organisation, have you been thinking your purchasing and Accounts Payable processes could stand to be improved? Or maybe that they desperately need to be improved?
Do you sense that those processes may be wasting precious resources (time, money, talent etc.) because they are not as effective or efficient as they should be? If you have come to the conclusion that it’s time to rethink what many call the Purchase-to-Pay (P2P) process, you may be wondering how you can go about doing that in a reasonably structured manner.

As you know, before you can improve any business process you need to have a clear picture of:
  1. The goals of the process.
  2. How it works today.
  3. How it is currently performing against the goals.
  4. What sub-optimal performance is costing your organisation.
  5. How automation would, in fact, improve your process and impact your bottom line.
So let's get started...
Purchasing and Accounts Payable Assessment Tool
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