Purchase-to-Pay with Process Mining

Make sense of your procurement process

Gain vital insights from your data. QPR ProcessAnalyzer helps you increase the efficiency of your procurement process and enjoy significant cost savings. View automatically-generated visualizations of process flows and identify symptoms of inefficient processes, such as bottlenecks, rework, Maverick Buying, and conformance violations.

Download Guide
Solutions - Purchase to Pay - Discover Inefficiencies

Reduce rework by discovering your as-is processes and their inefficiencies in real-time with flowcharts.

Solutions - Purchase to Pay - Discover Root Causes

Improve efficiency by finding root causes for the problems you discovered, as well as opportunities for automation.

Solutions - Purchase to Pay - Discover Maverick Buying

Reduce Maverick buying with ready-made presets that identify and categorize Maverick buying for you.

Solutions - Purchase to Pay - Machine Learning

Increase your three-way match rate as well as automated invoice approvals.

Video: How to identify Maverick Buying in 1 minute

Did you know that you can get an x-ray of your purchasing process and see all Maverick Buying that is taking place in your organization within minutes with process mining?

Not only will you spot root causes behind noncompliant procurement, but you can see patterns and dig much deeper into the issues behind the problem.

Watch the video to find out more!

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What is the Purchase-to-Pay Process?

The Purchase-to-Pay process is also known as PtP, procure-to-pay, or req-to-check. It refers to business processes that cover requisitioning, purchasing, confirming, receiving, paying for, and accounting for goods and services.

As the transactional volume is extremely high and often quite complex (with different approvals, procedures requests and suppliers), each step within the processes is a potential source of errors.

This makes Purchase-to-Pay a good target for process mining, which brings visibility to the entire end-to-end process and identifies root causes for problems.

process-mining-purchase-to-pay-overview-procurement-overview

 


Why Process Mining?

Would you like to have better procurement, lower buying prices, and higher internal efficiency? Process mining not only visualizes the end-to-end Purchase-to-Pay process in process flow charts, but also effectively pinpoints business segments with the biggest improvement potential.

Process mining helps you improve your Purchase-to-Pay process performance and achieve the following business benefits:

  • Shorter lead times
  • Better discount due to shorter payment periods
  • Increased success and volume of Robotic Process Automation
  • Fewer process changes, errors, rework
  • Less Maverick buying
  • Improved use of frame agreements

Purchase-to-Pay with Process Mining - Operations Overview


Purchase-to-Pay with QPR ProcessAnalyzer

This solution fits all Purchase-to-Pay analysis needs, and the best part is: you don't have to be a data scientist. QPR's Purchase-to-Pay solution contains pre-built presets for analyzing and optimizing the purchase-to-pay process. Analyze lead times and price changes, see process conformance and automation opportunities, and spot Maverick buying and its' root causes from the same view.

Moreover, you'll have access to the advanced features of QPR ProcessAnalyzer: the industry’s leading Root Cause analysis, AI-based Clustering analysis, and advanced Machine Learning functionalities.

Purchase-to-Pay with Process Mining - Lead Time Analysis

On-demand webinar

Process Mining for Accounts Payable

  • Learn how to discover the Accounts Payable side of your Purchase-to-Pay process, its inefficiencies and their root causes with process mining.
  • Understand how to use the AP Application to empower your organization with all the process mining benefits, including harnessing cash discounts, shortening lead times and driving high compliance.

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Solutions - Robotic Process Automation - Webinar 1

 

Download Procurement Guide

Find out more through downloading our Process Mining for Purchase-to-Pay brochure!
purchase-to-pay-guide

Get started!

Product demo

  • Book a 30-60 minute online meeting
  • With a process mining expert
  • Interactive demo of QPR ProcessAnalyzer with a focus on Purchase-to-Pay 
  • Get answers to any questions
 

Talk to Sales

  • Ask anything about use cases, pricing, source systems, or deployment
  • Find out how process mining helps you with Purchase-to-Pay
  • Get an ROI estimate
  • See the benefits for PtP


 

Product demo

  • Book a 30-60 minute online meeting
  • With a process mining expert
  • Interactive demo of QPR ProcessAnalyzer with a focus on Purchase-to-Pay 
  • Get answers to any questions

Talk to Sales

  • Ask anything about use cases, pricing, source systems, or deployment
  • Find out how process mining helps you with Purchase-to-Pay
  • Get an ROI estimate
  • See the benefits for PtP