Purchase to Pay is a term that describes the process from procurement to payment, including all sub-steps such as ordering, invoicing and dunning. The mapping of a digital purchase to pay process leads to sustainable cost savings in the processes and an enormous increase in efficiency.
This process can already be digitally mapped to a large extent with standard means within an SAP system. And if requirements go beyond the classic standard, these can be implemented via
SAP integrations and developments as an individual solution. Here the CLC experts support with the concrete requirement solutions, whether with existing "home remedies", Add-ons or new Product enhancements.
The most important questions and answers on the subject
1. why companies benefit from the digital mapping of the purchase to pay process?
Corporate structures can sometimes be very complex and extensive, as can the associated processes. It is of elementary importance that all process-relevant data and information is made accessible to all process participants. For example, processes in purchasing have a direct impact on working capital management in the company.
2. what disadvantages arise if the process is not fully digitally mapped?
Lack of control in order processes, long waits for approvals that lead to reminder fees or the loss of discounts, as well as a high amount of work and time required for manual processing. In addition to the economic disadvantages, an incomplete digital process also leads to frustration and dissatisfaction among employees.
Advantages of a digital purchase to pay process at a glance
Solution examples for the process steps
Scanning / e-Invoice
Digital creation, approval and dispatch of XInvoices
Implementation of custom-fit apps that are tailored to the needs of the specialist departments and also integrate all other processes of invoicing; from the mathematical and factual drawing of the bill, about which automated recording of receivables in the SAP FI/CO moduleuntil the automated invoicing to the customer.
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Standardization and digitalization of procurement processes
A solution that ensures the transparency of all process steps, and the on demand via the Supplier selectionthat Request for quotation up to Awarding/contracting. This results in a reduction of process cycle times by 50% and also ensures compliance with the requirements through complete documentation of the awarding processes.
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Efficient tool management in production
A tool database integrated in SAP enables an evaluation of the tool stock, the repair overview and the usage overview. And additionally provides a solid basis for the creation of calculations and cost plans.
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