Gartner Research

Build a Compelling Procurement Business Case for Indirect Procure-to-Pay Technology

Published: 02 June 2014

ID: G00258727

Analyst(s): Deborah Wilson

Summary

Procure to pay (P2P) technology solutions for indirect goods and services can optimize procurement savings and compliance delivery. Procurement, IT and finance leaders can demonstrate return on investment by developing a business case using proven sources of savings.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Keep Negotiated Savings by Improving Contract Compliance
  • Earn Early Payment Discounts With Faster Processing
  • Delay and Deny Spend With E-Requisitioning Approval Workflow
  • Improve Requisitioner Productivity With Enhanced Process Support
  • Streamline Back-Office Operations With Process Re-engineering
  • Free Up Working Capital by Buying Instead of Storing
  • Give Procurement Insight Into Spend for Analysis and Cost Reduction

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