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.

 

"Process mining helps you to understand, for example in Procure-to-Pay:

  • How does your ordering, procurement process look like?
  • How do you raise a purchase order?
  • How many approvals does the purchase take?
  • What kind of teams are involved in the process?
  • How often do you have rework in the process? "

- Fauzia Khan, Business Process Manager, Nokia

 

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 brochure below to get started with putting your processes in order.

 

Purchase-to-Pay related KPIs:

Procurement lead times

Purchase order without purchase requisition (PO without PR)

Order changes

 

On-demand webinars:

Process Mining for Purchase-to-Pay Process

Maverick Buying - Process KPI

Process Mining Application for Purchase-to-Pay

 

Read more in our blog posts:

Focus on your Purchase-to-Pay with QPR ProcessAnalyzer

Where did all the money go? 

Process Mining for Purchase-to-Pay Process

Improving Invoicing Lead Time with Process Analysis

Get More Cash Discounts by Improving Purchase to Pay Process

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Customer Stories

 

“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

   Read success story

 

"We have now a lot of KPIs in reports, and they are not reflecting the situation that are difficult to change, because there are a lot of things behind it to calculate it, but then you get a report and it's not so easy to understand it anymore. QPR is, for us, an easy tool to verify, is our business working this way? Is it value added to change the process?"

- Daisy Rolly, Business Analyst Supply Chain, Terumo Europe

 

"The good thing is that, in 3 months you build something that's a complete x-ray of the processes, so you have no more debate on whether the KPIs are defined properly, or what definitions to use, you can look at the processes, the actual processes, you can look at the lead times, and you can bring those facts on the table without debates, it's coming right out of your system and having that is a big power in making decisions with those fact-based data."

- Siem Jaspers, Business Analyst Supply Chain, Terumo Europe

   Read success story

 

“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

    Read success story

 

 

“Visualizing invoicing and purchasing processes with QPR ProcessAnalyzer helps us to improve our core operations.”
- Matti Tuomela, Barona

    Read success story

 

"We have now a lot of KPIs in reports, and they are not reflecting the situation that are difficult to change, because there are a lot of things behind it to calculate it, but then you get a report and it's not so easy to understand it anymore. QPR is, for us, an easy tool to verify, is our business working this way? Is it value added to change the process?"

- Daisy Rolly, Business Analyst Supply Chain, Terumo Europe

 

"The good thing is that, in 3 months you build something that's a complete x-ray of the processes, so you have no more debate on whether the KPIs are defined properly, or what definitions to use, you can look at the processes, the actual processes, you can look at the lead times, and you can bring those facts on the table without debates, it's coming right out of your system and having that is a big power in making decisions with those fact-based data."

- Siem Jaspers, Business Analyst Supply Chain, Terumo Europe

   Read success story

 

 

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See how QPR ProcessAnalyzer supports different initiatives.

 

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