p2p cycle
DESCRIPTION
Procure to Purchase cycleTRANSCRIPT
P2P Cycle:
RFQ > Quotations > Quote Analysis > PO > Receipt > Invoice > Payment
Sourcing
? Request for quote
? Supplier selection
? Contract negotiations and awards
? Catalog content management
Ordering
? Requisition and purchase order generation
? Purchase order management and fulfillment
? Payment
Reporting and Analysis
? Supplier performance
? Commodity analysis
? Internal compliance
? Robust intelligence gathering
? Decision support
? Process functionality