04 May Purchase to Pay Software
Although Purchase to Pay is a about process, it can only be implemented with enabling technology and the correct choice of technology can be complex. Some vendors specialize in a single section of the P2P process spectrum. Others have capability than spans the entire spectrum from sourcing and procurement, through purchasing and receiving as well as payment and getting the choice right is one of the biggest implementation challenge. (See Purchase to Pay Pitfalls – Procurement Software)
Purchase to Pay Software
A selection of Purchase to Pay Software vendors is summarized in the following diagram – illustrating where in the P2P spectrum they have have capability. This is not exhaustive and serves as a high level summary only.
Further information on Purchase to Pay Software
Good sources of detailed informations on Purchase to Pay Software include: