Choose language

Save time and reduce costs

Purchase to Pay

Streamline all steps of the purchase to pay process, from the purchasing of goods and services to payment. Increase spend visibility and control, and save time and money with a complete purchase to pay system.

Purchase to Pay triangles Purchase to Pay triangles

What is Purchase to Pay?

Purchase to Pay (P2P, procure-to-pay) is the digitized and automated procurement process, from the purchasing of goods and services to vendor and supplier payment. An efficient Purchase to Pay system enables cost and time savings through increased contract compliance, automation and spend visibility and control.

The Purchase to Pay process

Step by step: simplified by Proceedo.

1. process

1. Find products and services

Select a category, search or filter by a specific set of preferred suppliers. Add your products to cart. Check out, and confirm or edit the coding.

3. process

2. Requisition and approval

The purchase requisition is sent for approval using an automated workflow. The appropriate manager(s) gets notified and approves your requisition, according to your workflow configuration.

2. process

3. Purchase order workflow

Purchase orders are created and sent to each supplier. The suppliers confirm the orders and sends an e-invoice using Proceedo Supplier Center.

4. process

4. Order reception and confirmation

Confirm delivery of ordered goods or services. A notification is sent in case you haven't confirmed delivery.

5. process

5. Automated invoice processing

The invoices are automatically matched to the purchase orders and approved. Get notified of deviations to control before approving.

6. process

6. Payment

The approved and processed invoices are sent to the ERP system, resulting in timely payment to the suppliers. Follow the status of payments without leaving Proceedo.

Benefits of Purchase to Pay

Spend control and visibility_gray-bg

Visibility and control

Ensure all purchases are compliant with your procurement policy—the right products, at the right price from the right suppliers. Get a complete overview of all spend.

Save time and resources-gray-bg

Cost savings

Save time and money by increasing spend visibility and control, and streamlining and automating manual tasks within the Purchase to Pay process.

Procurement Finance_bridge

Bridging Procurement and Finance

Finance gets an overview of upcoming costs and access to valuable purchasing data. Procurement can follow the payment status of purchases.

The results of an automated Purchase to Pay process

Read about how some of the largest companies in the Nordics elevated their procure to pay performance with Proceedo.

oslo-headquarter-2019-2_small

Nordea

"When purchasing and invoicing go hand in hand, both the process and the workflow improve. We get better control over the purchases and the invoices we receive."

bremnes_small

Bremnes Seashore

"We have made purchase savings of 14 MNOK in 2020 compared to the previous year. And the share of digital invoices has increased to 85 percent"

kundreferens-fazer-1680x710px

Compass Group

"We can now guarantee our suppliers larger purchases than before and this allows us to negotiate better prices. We also have better control over what is purchased"

Purchase to pay procurement

The right suppliers. The right prices.

Procurement: always on policy

The right products, from the right suppliers and at the right price. Every time. With a complete Purchase to Pay system, all purchases follow your procurement policy by default.

Never miss out on cost saving opportunities from your hard-earned supplier contracts.

Purchase to pay invoice automation

Less manual work. More control.

Automated invoicing

A Purchase to Pay system enables automated invoice processing (AP automation) by matching purchase orders with invoices based on header and line information. Only spend time managing deviations.

Always pay on time, minimize the risk of errors, and get more time for value-adding activities.

Image and text module img_procurement-finance

A bridge between Procurement and Finance

Align your teams and processes

With a Purchase to Pay solution, you bridge the gap between Procurement and Finance. By enabling full visibility into procurement activities and data in real-time, and a complete overview of all invoices and payments.

Paving the way for cross-functional cooperation and the right conditions to shape a cost-effective purchase to pay process.

Purchase-to-Pay features that help you succeed

Save time and costs by automating the repetitive tasks that no one wants to do. Increase spend control and visibility with approval workflows, centralized procurement and integrated analytics.

Check list_1

All suppliers and products in one place

The system automatically creates multiple orders to different suppliers from the same shopping cart.

Approved

AP Automation

Automatically match invoices with purchase orders and subscriptions. Only focus on discrepancies.

Growth_1

Purchasing and Invoice Analytics

Go from reactive to proactive by analyzing your purchasing and invoice management.

Complex System

Seamless integration

Well-established integration platform linked to all ERP systems on the market. 

Approved Reward_1

Approval workflows

Prevent erroneous costs in time and allow for pre-authorized orders and automatic invoice processing.

Stats Panel_1

Easy to use

Proceedo has an intuitive interface that makes it easy to use and get started with.

FAQ

Frequently asked questions about Purchase to Pay and Proceedo.

Yes, multiple organizations or locations can easily use the same Proceedo instance.

In Proceedo, you can order everything: services, consultants, products and requisitions. You can also make requests.

Whether the user logs in at the office or in the field, Proceedo is always available on all types of devices such as mobile, tablet or computer.

Yes, all ERP systems can be integrated with Proceedo. You can also integrate other types of systems.

Read more about integrations

Streamline your Purchase to Pay process

Get a personalized demo with our product specialists.

Submit the form and we will get back to you shortly to schedule a demo session.

Book a demo