Remove Bidding Remove Buyers Remove Purchasing Remove Supply Chain Visibility
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Struggling with bespoke purchases?

Claritum

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Resulting in higher purchase costs, errors and inefficiencies. Measuring bespoke purchasing data. Damage to reputation.

article thumbnail

Struggling with bespoke purchases?

Claritum

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Resulting in higher purchase costs, errors and inefficiencies. Measuring bespoke purchasing data. Damage to reputation.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The P2P process deals predominantly with administrative purchasing tasks. What is the difference P2P and S2P?

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. Competitive bidding, which optimises cost. The P2P process deals predominantly with administrative purchasing tasks.