Glossary
Procure-to-pay (P2P)
Procure-to-pay is the end-to-end process from requisition and ordering through receipt, invoicing and payment.
Where it appears in procurement
P2P is the transactional half of procurement. Source-to-pay adds the upstream sourcing, qualification and negotiation steps.
Example
Requisition, purchase order, goods receipt, invoice, three-way match, payment.
In Complyra
Complyra covers the source-to-order part of the chain (search, compliance, RFQ, quotation, purchase order) and hands the purchase order to the ERP where receiving, invoicing and payment run.