What do you understand by P2P
P2P stands for Procure-to-Pay, a process that involves purchasing goods or services and paying for them.
P2P involves the entire procurement process from identifying the need for goods or services to p...read more
Procure to Pay or P2P in procurement is defined as an automated system that streamlines the process of requisitioning, purchasing, receiving, and paying for goods and services.
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P2P (procure to pay) or also known as Purchase to pay, it contains the details of procurement and supply chain process with in the company through goods received to payment made to the vendor.
P2P is the process that starts with the creation of purchase requisition, followed by PO creation, vendor shipment, receiving goods and invoices from the vendor, and ends at payment to the vendor and ...read more
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