Purchase-to-pay (P2P) processes can help with reporting key performance indicators (KPIs) by providing data on various aspects of the procurement process that can be used to measure performance and identify areas for improvement.
Accounts payable departments that use an automated solution to streamline their procure-to-pay process can benefit from a range of things, such as enhanced productivity and optimised cash flow. However, it also helps provide quantifiable results on reporting KPIs.
Here are 5 examples of how purchase-to-pay systems and processes can help with reporting KPIs within your accounts payable team.
5 Ways P2P Systems Can Help With Reporting KPIs
About the Author
Julia Stovold
Marketing Manager
As Marketing Manager, my role is to ensure our unique company ethos is present in all our marketing activities and find new opportunities to help us grow. With a deep understanding of finance process automation, I work with our delivery team to ensure that the pain points of our customers are fully understood, so that we can tailor our systems to your needs.
