There's much talk about dynamic discounting and how it can yield significant returns on investment but dynamic discounting is absolutely
not the first step in extracting value out of purchase to pay optimization - it is the final step.
Let's go back to basics and remember that P2P is not a core function of an organization. Rather, it supports the core functions such as sourcing and procurement, accounts payable and finance. Purchase to pay develops and installs synergy across the physical and financial supply chain and uses technology to support better ways of working to reduce the cost of doing business with suppliers.