Our take on Gartner® Peer Insights™ ‘Lessons Learned’: Implementing Procure-to-Pay Suites
Whether your organization is a Commercial company, Non-Profit organization, or Public Sector entity, there’s no such thing as “business as usual” today. Every executive must be looking for ways to streamline the organization. Market pressures and today’s economy dictate the need for ongoing cost reduction or at least containment.
After payroll, the biggest source of cost in almost all organizations is the procurement of the expense items, outside services, and capital items needed to support your organization’s operations – the items that represent the “cost of doing business”.
Procurement and Finance teams across an enterprise are tasked with delivering cost savings, improving efficiency, and managing risk and compliance.
We believe, with this in mind, Gartner has analysed 101 Peer Insights reviews to identify lessons learned when implementing P2P suites. The report focuses on the responses to the following questions:
- “If you could start over, what would your organization do differently?”
- “What one piece of advice would you give other prospective customers?”