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 Procure-to-Pay (P2P) process, you may be wondering how you can go about doing that in a reasonably structured manner.