State of Flux SRM Survey 2010

21 Apr 2010 Posted by Pete Loughlin in The Rest

SRM remains a hot topic for organisations, and creating the business case for change is challenging. All of us understand SRM is the right thing to do, but putting absolute values on benefits achieved through an SRM programme is difficult. In 2009 State of Flux focused their survey…

What is Purchase to Pay or P2P?

07 Apr 2010 Posted by Pete Loughlin in Purchase to Pay, What Is?

Purchase to pay, often abbreviated to P2P, refers to the business processes that cover activities of requesting (requisitioning), purchasing, receiving, paying for and accounting for goods and services. Purchase to Pay is synonomous with other terms such as “Req to Check” and “Procure to Pay”…

Corruption and Purchase to Pay

06 Apr 2010 Posted by Pete Loughlin in Purchase to Pay

Peter Smith in Spend Matters recently wrote about his naivety as a young purchasing manager thinking that corruption always happened somewhere else. Well, as he writes, it doesn’t and as Peter points out in a few examples, it is not just in far flung places…