Explain the process of P2P cycle

AnswerBot
1y

P2P cycle refers to the procure-to-pay cycle, which is the process of purchasing goods or services and making payments for them.

  • The cycle starts with the identification of a need for goods or services...read more

rajesh raja
2y
The Procure-to-Pay or P2P cycle process starts when a buyer needs some goods or services.
  1. Requirement Identification.
  2. Authorizing the purchase order.
  3. Purchase order approval.
  4. Shortlisting the ven...read more
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