Procure to Pay Overview

  • Teacher: TechnoFunc
  • Released: 2018-12-27 07:11:40
  • Level: Beginner
  • Duration:
  • Price: $
Certificate:

No certificate is given for this course

Procure to Pay Overview

Free for members

Every company has a process in place to control how the procure goods and pay for them. The Procure to Pay process flow covers how the process spans across multiple departments within an organization. The process encompasses all activities, starting with sourcing or procuring an item and ends with paying the bill. It starts with an employee in any department requesting goods or services and ends in the Payables department. In order to manage your supply chain you need to control how your money's being spent and a good procure-to-pay process plays an important part in helping to manage your costs and your cash flow.

Take this course to understand the steps involved in a typical procure-to-pay process. This course includes overview of all important aspects in the end-to-end procurement process, like requisition process, PO raise and approval, vendor management, invoice receiving, contract management, payments and so much more.

Who should take this course?

This course is a must for any practitioner in a managed P2P process who is looking for understanding the basic process flows and industry terminology and best practices on the subject area. The training included is applicable to: 

  • Expense Auditors
  • Accounts Payable Specialists
  • Accounts Payable Supervisors
  • Those who have (or aspire to have) supervisory roles within a P2P function
  • Managers
  • Employees
Free for members

About TechnoFunc


We provide resources for professional development and help our users build globally recognized strong career paths

© TechnoFunctional Institute