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Transforming together

The procure-to-pay (P2P) process is challenged with manual processes, lengthy management approvals, reconciliations, and payment cycles, and a general lack of integration with other business processes and systems resulting in inefficiencies and high transaction costs. Lack of management visibility into these processes can inhibit effective supplier management, weaken spending controls, and limit the benefits of strategic sourcing.

KPMG in Canada’s alliance with Coupa enhances our ability to help clients transform their P2P processes to add strategic value, increase process efficiencies, reduce costs and improve free cash flow. Together we enable organizations to realize the benefits of a user-friendly procurement application that encourages adoption, increases management oversight and enables greater visibility into corporate spending.

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Leading procurement organizations have developed an agenda to deal with disruption. They are moving into the future with a focus on innovation, supplier and customer relationships, and a decentralized operating model to support the business.

Source: The future of procurement

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