In Spend Matters maturity model for electronic invoicing and invoice automation, we consider five distinct areas as a means of self-assessment:
- Organizational structure
- Technology environment
- P2P, data and systems linkages
- Discounting and payment
- Supplier enablement
In a series of posts, we'll consider factors and examples driving maturity levels across each of these five areas, starting first today with P2P, data and systems linkages.
When it comes to P2P, data and systems linkages, organizations at the base or foundational (Level 1) stage of maturity often treat e-invoicing as an extension of eProcurement. It's rarely, if ever, a stand-alone initiative and organizations often have limited stewardship and coordination of systems efforts across functions. As a result, the level of true automation in these programs is often limited and scan/capture is often used as a "good enough" proxy to accelerate program metrics. As organizations move up to intermediate or Level 2 maturity, their P2P, data and systems linkages often begin to extend beyond eProcurement, capturing depth in direct and services spend areas.
For more on P2P, check out our latest free Compass research in the area: