Procure-to-Pay

Procure-to-pay is a term used in the software industry to designate a specific subdivision of the procurement process. The procure-to-pay systems enable the integration of the purchasing department with the accounts payable department.

Source: en.wikipedia.org

Consumer Habits Derail Schools’ Spend Management Goals
Consumer Habits Derail Schools’ Spend Management Goals
August 23, 2018  |  B2B Payments

With procurement, B2B eCommerce and employee spend management solutions pushing for seamlessness, technology providers often attempt to provide a “consumer-like” experience to their end users....

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Procurement Digitization Doesn’t Have An Endgame
Procurement Digitization Doesn’t Have An Endgame
August 22, 2018  |  B2B Payments

Organizations know by now that enhanced and efficient procure-to-pay processes can save money and boost efficiency. But how, and by how much? A new report...

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Basware Adds B2B Payments Functionality To eInvoicing Solution
Basware Adds B2B Payments Functionality To eInvoicing Solution
August 09, 2018  |  B2B Payments

Electronic invoicing firm Basware revealed Wednesday (Aug. 8) that it has integrated B2B payments capabilities into its product offering. Basware calls the solution NetworkPay, and...

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What Separates Top Accounts Payable Performers From The Rest
What Separates Top Accounts Payable Performers From The Rest
July 03, 2018  |  B2B Payments

Amid talk of enterprise digitization, discussions about paper invoices and checks persist. New research suggests a vast divide between businesses that have embraced technology and...

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The Roads Of Procurement, Compliance Begin To Merge
The Roads Of Procurement, Compliance Begin To Merge
June 28, 2018  |  B2B Payments

Procurement professionals may be the unsung heroes of corporate compliance. In procure-to-pay, businesses expose themselves to all sorts of non-compliance risks, from tax to invoice...

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The Limitations Of Tech On Procurement’s Cost-Cutting Efforts
The Limitations Of Tech On Procurement’s Cost-Cutting Efforts
June 12, 2018  |  B2B Payments

The procure-to-pay space is not immune to technological disruption, particularly as tools like blockchain, artificial intelligence and predictive analytics enable automated, efficient and smarter decision-making....

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Mastercard Partners With Stargo For Freight Payments Solution
Mastercard Partners With Stargo For Freight Payments Solution
June 04, 2018  |  Mastercard

To deliver routing, pricing and payment automation for freight forwarders, Mastercard is partnering with Stargo. With Mastercard’s commercial payment solutions and Stargo’s price optimization engine, freight...

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Convincing The CPO To Advance Toward Analytics
Convincing The CPO To Advance Toward Analytics
April 20, 2018  |  B2B Payments

Artificial intelligence’s penetration into the enterprise back office can be seen in nearly all areas of operation, but the procure-to-pay process is among the most...

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Direct Commerce Addresses Cross-Border Compliance Needs For Procurement
Direct Commerce Addresses Cross-Border Compliance Needs For Procurement
March 13, 2018  |  B2B Payments

Direct Commerce has enhanced its procure-to-pay platform to support jurisdictional compliance across borders in Europe, the company announced on Monday (March 12). The Software-as-a-Service solution...

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