In fact, spend control is about managing business processes that are outside the realm of other systems. For example, in the case a true end-to-end procurement solution, it will manage a vast array of processes prior to a supplier being added to the underlying core system, a PO being raised, or an invoice being received, along with a range of wider information about suppliers, documentation, contracts and catalogues that it may never be appropriate to hold in your underlying core system.
It is also likely to involve many more people than those who may typically need to touch your core system. For example, to truly benefit from efficiency at all stages in the process, parts of your procurement system will need to be used by practically every employee, and other parts will ideally need to be accessible to your external suppliers. In my experience of core systems, they may often have cost-prohibitive licensing models where basic procurement capabilities are available and poor or non-existent functionality around the external supplier facing aspects where further efficiency can be realised.
True best in class agile P2P systems are “agnostic” of other systems but are built with clear integration points that utilise industry standards and tools to make integration into your system landscape easy to implement and manage. Integration with any system, inside or outside your organisation, ensures that you can get best in class procurement capabilities
, aligned with the familiarity of your core system to deliver simplicity and maximise user adoption, from easy requisition creation, to simple PO approval, engaging buying experience, efficient goods receipting and ensured significantly streamlined invoice capture and compliance.
It would be interesting to hear how you use your P2P to support your organisations strategy, and if you have any questions or need any help please contact [email protected]