10 Reasons For Procurement to Work With Payments (Part 1) [PRO]

Sometime shortly after the phrase “P2P” was born, we managed to collectively forget what the second “P” meant. A friendly reminder: it stands for “pay.” Rather than spanning the length of a transaction from an initial order to payment to a vendor, P2P became known (while companies wrote RFPs for solutions and as vendors marketed tools) as the combination of eProcurement and e-invoicing. This duo, while extremely valuable, doesn’t exactly impact payment all that much (if at all). But payment matters much more than most folks we talk to in procurement think.

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