Procure to Pay By Quandary Consulting Group

Streamline your P2P process by automating the requesting, purchasing, collecting, and providing payment for goods and services

Problem

With so many steps in the Procure to Pay P2P process, a tremendous amount of manual labor from employees is often required. As a result, costs increase due to the demands on time and human-error. P2P remains an area prone to fraud, money leakage, overbilling, late payments, and inefficiencies.
Solution

Reduce your overhead by automating the procurement, invoicing, and payment process for billing by integrating your backend systems.
Impact

Automated payments and data transfer allow you to focus on the business, rather than the manual tasks resulting in a stronger business and lean operation.

Issue and receive documents automatically to/from vendors
Get operational visibility by logging and sending emails to vendors
Track spend and billing percentages by hour
Sync systems to integrate procurement and invoice data
Automatically send and receive invoices from vendors for services needed or rendered

Auto-generate invoices

Automatically create and send out bills and invoices to vendors once approved by a key team member
Sync with Docusign

Begin the signature process and start receiving signed docs, such as POs and RFQs
Communicate across teams

Provide event and status updates to your suppliers and internal team so that everyone stays up-to-date on important milestones
Real-Time reporting and insights

Generate real-time reporting and cues to alert stakeholders. Track when key thresholds are hit. Receive YTD and YOY summaries.