Procure-to-pay systems have been transaction-oriented systems from requisitions and approvals to punch-outs to supplier sites for the selection of goods and services to the purchase order and receipt for the fulfillment completion.
Goals and Objectives
The goal is to provide an organization with an easy-to-use, automated procure-to-pay process. Identify patterns and trends that could help proactive reduction of PO noncompliances, invoice exceptions, and other queries.
Cloud/platforms, advanced analytics, blockchain, robotic process automation, cognitive
Use Case Summary
Touchless procure to pay allows an employee to quickly identify a need and simultaneously make the purchase, reducing the number of steps, clicks, and purchase decisions.