The procure-to-pay (P2P) process offers exceptional opportunities for optimization and integration. Many forward-looking organizations are eager to achieve new efficiencies, and are looking closely at P2P software solutions to centralize and automate the purchasing and inventory processes. But success requires some up-front work. Is your organization ready?
For manufacturers, the capabilities offered by the 4th Industrial Revolution, particularly the Industrial Internet of Things (IIoT), automation and connected machines, are enabling greater operational efficiency, higher product quality and improved maintenance processes – and are driving changes to long-established business models.