p2p agility checklist
DESCRIPTION
Use this handy checklist from Ardent Partners to see where you have gaps in your procrure-to-pay organization in order to be truly agile in the face of uncertainty, complexity, and constant change. Learn more: http://bit.ly/1v2yNhkTRANSCRIPT
P2P ORGANIZATION
P2P PROCESSES
P2P STRATEGIES
P2P TECHNOLOGY
P2P PERFORMANCEGoal and objectives aligned
within P2P
Seamless Cross-
functional execution
Executive engagement and
support
Change mangement
Adaptability
Responsiveness
Knowledge
management and
dissemination
Continuous
improvement
Leveraging tech-
nology to drive
business value
Goals and objectives aligned
within P2P
Procured-to-Pay is managed
as a holistic process
Cohesion across departments,
process owners, and stake
holders
P2P goals and objectives
aligned with business
Both regular and proactive
management and operational
improvement
Total innovation
strategy
Internal innovation focus
Formal supplier
innovation program
Investments that
drive visibility into data, pro-
cess, and performance
Leverage visibility to promote
collaboration and henced
decision-making
360° Approach to
Supplier Management
Intuitive, robust, adaptable
Easy-to-use and adopt
Cloud-based P2P
Seamless linkage across all
P2P systems
Business network
Financial metrics
Operatinoal metrics
Service-level performance
and standards
Supplier enablement,
performance, and risk
Process and technology metrics
People and knowledge metrics
Agility metrics including
business responsiveness and
speed of change metrics
Standardized at
enterprise-level
Automated (Full P2P process
automation)
Scalable
Continuously identify and cap-
ture operating improvements
Culture of collaboration and
open communication
“Flat” organizational
chart
Individual skills more
important than job titles
Light bureaucracy
Limited geography
constraints
Limited organizational
barriers
Contingent workforce
management program
A Ballanced approach to P2P
metrics:
Stakeholder metrics
Mobile capabilities
Robust communication and
social business capabilities
Analytics and reporting that
can convert “big data” and
real-time artket info into “P2P
intelligence”
Core capabilities:
Fluid organizational structure
Total talent optimization:
to “get projects”
ARDENT PARTNERS — P2P AGILITY CHECKLIST