It provides integration, purchase-to-pay and spend analysis to a number of British public sector organisations.

The process involving a supplier invoice is also known as purchase-to-pay.

Purchase-to-pay, relating to the business process of purchasing

He brings a wealth of knowledge around forms processing, purchase-to-pay automation and mailroom applications.

Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 1,000,000 users in over 50 countries around the world.

Sprinter has been developed to support best practice within the purchase-to-pay process, while recognising that different organizations have different requirements and priorities.

Good cash management practice would tell you that speeding up the cash collection cycle is more important than automating the purchase-to-pay process.

Purchase-to-pay

Basware, the global leader in purchase-to-pay solutions, today announced the addition of e-procurement functionality to Basware Connectivity services.

Basware Connectivity covers the entire purchase-to-pay process from cataloguing and procurement to e-invoicing, providing crucial integration with an organisation's existing stock and resource management systems.

The ACL solution enables Siemens to monitor every purchase-to-pay transaction across hundreds of business entities globally, every day.

Basware Expands Connectivity Services to Enable Full Purchase-to-Pay Automation

Sprinter Contract Manager is available as a standalone application for use with existing procurement and finance systems or to complement the Sprinter suite of purchase-to-pay products.

PROACTIS Launches Executive Guide for Purchase-to-Pay

ACL was recognized for the Siemens AG global implementation of ACL technology in the largest purchase-to-pay continuous monitoring project ever undertaken.

Candea has extensive experience in all stages in the life cycle of electronic purchase-to-pay projects, from initial strategy and business case preparation through product selection, solution design, full roll out and support.

Basware Connectivity Integrates the Entire Purchase-to-Pay Process Including Cataloguing, Procurement, Fulfillment Reporting and e-invoicing

With the advent of electronic invoicing and Purchase-to-Pay (P2P) automation enabled by the Internet, buying organizations are increasingly able to approve invoices faster and take advantage of available discounts.

Formed in 1996, Candea offers extensive experience in complete systems integration and business solutions, particularly in purchasing card systems, EDI, purchase-to-pay systems and ERP implementation skills.

Purchase-to-pay, often abbreviated to P2P and also called req to cheque, refers to the business processes that cover activities of requesting (requisitioning), purchasing, receiving, paying for and accounting for goods and services.

As a consequence, once disparate business functions, such as accounts payable and purchasing, have in some organisations been brought together, and the concept of purchase-to-pay has evolved from a buzz phrase to a recognised discipline.

If you are a Value Added Reseller or Systems Integrator and are interested in partnering with Tranmit to exploit the untapped market for purchase-to-pay solutions, we would like to hear from you.

Whilst many of these executives may not be directly involved in the procurement process on a day-to-day basis it is essential they understand how much expenditure and organisational resource is involved in the daily purchase-to-pay cycle.

Purchase-to-pay systems automate the full purchase-to-payment process, connecting procurement and invoicing operations through an intertwined business flow that automates the process from identification of a need, planning and budgeting, through to procurement and payment.

Neil Robertson points out that the introduction of a complete spend control solution (automation of the purchase-to-pay e-procurement cycle to enable commitment accounting) offers the ability for organisations to ensure budget holders become as diligent with corporate funds as they are with their own money.