Inefficient procure-to-pay (P2P) processes result in long purchase cycles, delayed payments, poor cash flow visibility and most importantly unpredictable plant downtime.

With streamlined procure-to-pay processes, procurement organizations can not only reduce sourcing turnaround times and on-time delivery of materials, but also enhance asset uptime, reduce maverick spend and improve supplier relationships – all of this while delivering significant savings on time and money.

The procure-to-pay services we offer are designed to deliver dramatic improvements in year-on-year savings, to increase procurement teams’ productivity, and to considerably increase profitability.

Deliver strategic value through Procure to pay Outsourcing

An effective procurement process is expected to reduce costs, drive down spend, manage supplier risks, and optimize cash flow, while improving supplier relations and improving overall plant performance.

Using seamless procure-to-pay processes organizations can create value by reducing economic volatility and implementing responsible sourcing practices across the supply chain. Our procure-to-pay team helps you achieve all these goals. Using sourcing, category management, and deep procurement expertise, we connect people, processes, data, and technology to deliver procurement digital transformation.

You can get support for the entire Procure-to-Pay cycle, or just the steps you’re struggling with. There are four major procurement challenges that most process industries face today: PO processing delays, Lack of order confirmations from vendors, Late deliveries, and lack of proof of delivery. These issues can result in high costs, delayed vendor payments, stressed vendor relationships, and affect supply chain reliability.

Our Procure to Pay Solutions

By combining two decades of sourcing expertise with analytics, automation, and digital technologies, we deliver cutting-edge procure-to-pay solutions.

Order Processing

  • Order request management
  • PO Processing
  • Contract management
  • Confirm PO acceptance by suppliers

Order Expediting

  • Engage with suppliers to ensure key milestones are met
  • Ensure timely delivery of equipment, materials and documentation
  • Ensure proof of delivery

Reconciliations

  • Invoice exceptions management
  • Daily balancing of checks received and processed
  • Verification of ledger variance, exception, transactions

Vendor Onboarding

  • Add new vendors to the system
  • Ensure required vendor documentation is complete
  • Update and refresh vendor data periodically

Strategic procurement can help companies build resilience, prioritize growth, and meet ESG targets. Sustainable business growth requires reinventing its operating model, incorporating automation and data-driven intelligence, and embracing responsible sourcing.

Our procurement operations outsourcing services streamline all your purchasing processes, from order processing to spot purchases to contract administration. Our procure-to-pay outsourcing services help you drive maximum efficiency across all your P2P processes – from order to payment. Using our procurement-focused approach and industry-wide experience, we understand even the most intricate nuances of every category so we can deliver the most efficient and cost-effective solutions.

Talk to our Procurement Service expert today!