Purchase-to-Pay | QPR

Purchase-to-Pay

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What is Purchase-to-Pay?

Purchase-to-pay (also known as P2P, procure-to-pay, or req-to-check) refers to business processes that cover requisitioning, purchasing, confirming, receiving, paying for, and accounting for goods and services. The transactional volume is often high and each step within the processes is a potential source of errors. This makes P2P a good target for process mining, which brings visibility to the entire end-to-end process and identifies root causes for problems.

Purchase-to-pay & Process Mining

Through process mining you'll effectively find the business segments with the biggest improvement potential. You'll be able to tell which dimensions, such as vendor, purchasing organization, currency, or PO type, affect the P2P process the most, whether for good or bad.

If you'd like to know why your incoming invoices are not always connected to purchase orders, why your organization's three-way matching doesn't work the way it should, or what exactly leads to slow processing of invoices that excludes you from getting significant cash discounts, download the below brochure to get started with putting your processes in order.

See below QPR ProcessAnalyzer visualizes P2P process and extends the process flowchart with cutting-edge analytics.

 

Related KPIs: 

Order Changes 

PO without PR

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What is Process Mining? Read our solution pages to find out. 

 

Featured References

“The Visualization of the Processes is a great tool for communicating the needed changes for the process stakeholders. Showing the actual happenings clarifies the needs for process improvements and makes the points of improvement clear. QPR ProcessAnalyzer is truly a gamechanger for process improvement”.” 
- Fauzia Khan, Business Process Manager, Nokia

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“We were able to identify on which process to focus our efforts using QPR ProcessAnalyzer. The solution gave us a great way to communicate the process flow and the gaps that were found during the analysis to our regional teams.”
- Capucine Azé, SD & SCM Specialist, Kemira

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"The process insight and facts delivered by QPR ProcessAnalyzer were priceless. We were immediately able to focus our process improvement activities to the right things to reach the results our business needed.”
- Jari Vuori, Vice President Supply Chain, Metsä Board

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“With QPR ProcessAnalyzer, we were able to see the whole Ad Hoc Service process. Without the data and the product we wouldn’t have been able to discover the reasons behind the process bottlenecks.”
- Aila Aaltonen, CIO, Caverion

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"It is highly beneficial to visualize the project management processes from ERP data to have a foundation for process improvement. Furthermore, validation of existing issues helps Patria to focus development efforts.”

- Minna Tiura-Kortesmaa, Manager (PMO), Patria Land Systems

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