In a BFSI organization, a P2P system that has been fully integrated can do a lot more than obtaining goods and tracking payments. Therefore, Procure-to-Pay needs to be considered an effective and efficient solution that can seamlessly facilitate automation, improve visibility across multiple business units and functions, reduce costs, and help manage and mitigate risk, ultimately improving the organization's bottom line.
Here's a guide that'll help you visualize, plan for, and execute your BFSI organization's P2P Transformation.
The BFSI P2P Transformation guide includes :
How to visualize your P2P transformation
BFSI Procure-To-Pay Areas That Need Automation
But First, Secure: B&FS Pre-Automation Action Items
Key Metrics to track your Procure-to-Pay performance