10 Reasons For Procurement to Work With Payments (Part 2)

In the first installment of this series, we explored several arguments in favor of why procurement should get closer to the actual settlement process and cash flows of the final step in procurement transactions: payment. Today, we move into reducing supplier risk, capturing savings and reducing contract/compliance leakage through closing the transaction, invoice, and payment loop, and the importance of greater visibility into supplier engagement models and supplier network fees (amongst other reasons).