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

Procurement Software

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. It begins when you requisition goods or services, and ends with the payment transaction. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer.

article thumbnail

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

Procurement Software

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. It begins when you requisition goods or services, and ends with the payment transaction. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer.