In each of the procure-to-pay stages, there exists a chance for errors to propagate. Procure-to-pay increases the efficiency of this system by reducing the chance of an error creeping into the system. The more complex a system becomes, the more prone it becomes to failure. Supply chains have evolved into an extremely complex interplay of vendors and buyers, with orders, confirmations, delivery of goods, and invoice processing making up the core of the system. One such process to consider is procure-to-pay, a simplification of a complex process involving several steps. Many businesses are well aware how necessary maintaining proper supply chain logistics is.
0 Comments
Leave a Reply. |