Purchase to pay (P2P) is become an elite function, backed by data and teeming with additional future-proofing additions like artificial intelligence (AI), robotic process automation (RPA), and actionable analytics into the day-to-day operations. The data that fuels the P2P engine isn’t merely contained to one function, either. Data plays a role in each step—from sourcing all the way through to payments and every step in between.
We recently conducted a survey of Accounts Payable (AP) and Finance professionals to calculate the state of efficiency these roles hold when it comes to utilizing data to drive continuous improvements and innovations. We discovered that at the heart of every successful business was a healthy serving of data fueling the P2P engine. Our infographic based on our whitepaper “A Day with Data: The Future of S2P” covers key findings from the report and visualizes how procurement and finance professionals are making data a key part in their processes.
View the infographic.