Purpose

• • The Procure-to-Pay (P2P) process refers to the full cycle of purchasing goods or services and processing payments. SAP supports this process through multiple solutions, most notably SAP Ariba and SAP S/4HANA Procurement.

Key Features:

• Purchase Requisition: Employees submit purchase requisitions to initiate the procurement process.
• Supplier Order Management: Automates the creation, management, and tracking of purchase orders (PO) for goods and services.
• Catalog Management: Allows users to view and select items from an electronic catalog of products offered by approved suppliers.
• Purchase Order Confirmation: Ensures that suppliers confirm orders in real time, enhancing communication and transparency.
• Goods Receipt: Manages the receipt of goods and services, and updates inventory systems.
• Invoice Verification: Automatically matches invoices to purchase orders and goods receipts, reducing the risk of payment errors.
• Payments and Remittance: Facilitates automated processing of payments to suppliers, ensuring timely and accurate disbursements.

Benefits:

• Streamlines and automates the end-to-end procurement process.
• Reduces the administrative burden by eliminating manual data entry.
• Improves compliance by enforcing procurement policies and ensuring accurate documentation.
• Enhances supplier relationships through improved communication and timely payments.
• Provides full visibility into procurement spending, enabling better budgeting and cost control.