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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. It enables: Building stronger relationships with your key suppliers.