P2P

How Lean, Agile Supplier Relationships Improve Client Quote Generation

Approval Routing, Business Process Automation, Client Quotes, Supplier Relationship

Manufacturing companies that operate their Procure-to-Pay (P2P) processes so that Supplier Relationships are collaborative, data-driven, strategic alliances improve client quote generation. They are lean, strong, agile supplier relationships that aren’t siloed to strict, expensive parameters. They develop with trust and time through transformative iterations that eliminate unnecessary processes, so your quotes aren’t ambiguous and give…

Tail spend

How Efficient, Collaborative Supplier Relationships Improve Maverick Spend

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Maverick spend doesn’t promote efficient Procure-to-Pay processes or strategic supplier relationships since it takes purchasing outside the realm of your company’s e-procurement system. It doesn’t promote contractual compliance and it undermines trust and transparency. Whether you call it maverick, indirect, rogue or tail spend, “it’s the same challenge and leads to the same results–wasted money…

How Lean, Agile Supplier Relationships Improve collaborative Client Quote Generation

Approval Routing, Business Process Automation, Client Quotes, Purchase Management, Supplier Relationship

Manufacturing companies that operate their Procure-to-Pay (P2P) processes so that Supplier Relationships are collaborative, data-driven, strategic alliances improve client quote generation. They are lean, strong, agile supplier relationships that aren’t siloed to strict, expensive parameters. They develop with trust and time through trans-formative iterations that eliminate unnecessary processes so your quotes aren’t ambiguous and give…

Suppliers

Improving Supplier Relationships With Efficient P2P Processes

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Supplier relationships are highly dependent on the procure-to-pay (P2P) architecture that you have in place. Efficient P2P processes can build and improve your supplier relationships. The traditional architecture uses a combination of paper documents and ERP systems. The goal is to streamline a workflow by digitizing a portion of the procurement process. The problem is…

How Improving Your Supplier Relationships Helps Client Quote Generation

Approval Routing, Business Process Automation, Client Quotes, Supplier Relationship

Supplier relationships often dictate how effective your business actually operates. When you have sound and efficient supplier relationships, you get the supplies and services that you need quickly and affordably. When you’re relationships are on shaky ground, it results in bigger problems for your operations. Many of these problems will also start to impact your…

Agile vs Scrum Waterfall

Defining Waterfall-Scrum Workflows for Your P2P Process – Part 2

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Let’s take our definitions of waterfall-agile scrum workflows and incorporate them into the P2P process. Part 1 of “Defining Waterfall-Scrum Workflows for Your P2P Process” introduced one facet of the P2P process–invoice cost–and gave a brief overview of what each of the waterfall and agile (scrum) workflows were separately and how to think of them…

Defining Waterfall-Scrum Workflows for Your P2P Process – Part I

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

It’s no secret that manual Procure-to-Pay (P2P) costs sap efficiency and drain budgets. When supplier invoice approval and processing lags, it’s tough to get requisitions in on time, checked against contracts and paid. Automating your P2P processes and refining workflows are critical for efficiency, reducing waste, and for tracking your key performance indicators (KPIs). “More…

Improving Supplier Relationships

P2P Architecture That Aligns BPI Solutions with Scalable Supplier Relationships

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Traditional Procure-to-Pay (P2P) architecture based on both paper documents and Enterprise Resource Planning (ERP) systems attempt to streamline workflows by digitizing the procurement process. This often results in unnecessary complexity as fragmented data isn’t efficiently integrated into those company P2P workflows, limiting data analytics and employee confidence in managing exceptions. This isn’t particularly conducive to…

A123 Case Study

QAD Spring MWUG Presentation: A123 Systems Case Study – Integrating QAD EAM and Procurement

Approval Routing, Business Process Automation, Events, Purchase Management, Supplier Relationship

Download the presentation: A case study on procurement; ‘How to’ control Maverick Spend and the integration that ISS Group and QAD User A123 Systems developed between iPurchase® and the QAD EAM module for the primary purpose of creating and tracking the spend against project budgets. It provides a detailed overview of the integration developed, the…