Another really appreciated discussion during Source to Pay Summit 2014 was moderated by Mimmi Alladin, Procurement Manager Indirect Material at Siemens AB. The discussion taps into the challenges in changing purchasing behavior. You may be doing it all right – managing the contracts, writing the policies – but how do you make sure people follow […]
EBG | Insight: How do you improve Po – Goods recevied and Invoice Matching Rates?
What is the ultimate proof if a source to pay process is flawless? If sourcing measures taking place, contracts being written, purchases being made, goods received and invoices being received are all part of a coherent flow – all linked together as pieces in a puzzle. Matching. Ask any accounts payable and they will probably […]
EBG Interview: AstraZenecas road to P2P tool implementation success
It is not even given that all large organizations have a dedicated e-procurement tool beyond SAP SRM or other ERP centric procurement tools. That became evident at this years Source to Pay Summit 2014. How ever, once you have decided to implement a tool, perhaps as in the case of AstraZeneca in several countries – […]
Source to Pay Summit 2014 attendees
We surely hope you are joining us at Source to Pay Summit 2014 in Stockholm! There are great organizations joining us and we look forward to hours and hours of discussions. If you assemble over 100 people in a room you should make sure all interact as much as possible – imagine the amount of […]
How can anyone still question P2P and S2P importance?
Sure, I admit, I haven’t worked neither in a large procurement or finance department nor have I been dependent on KPIs that clearly tells me what I need to do and what not to do. But still – how can we still be debating if end-to-end support and control is a valid business choice? Who […]
How to continuously improve your Source-to-Pay process?
Every organization have a source to pay process – defined and mapped or not. Each such process runs through numerous functions, touches on various KPIs and pre-defined strategies. Organizations that have taken charge over S2P processes are growing and the question might be why not more have done like Nokia, defining the process and flow […]
How to secure compliance and minimize leakage in the source-to-pay process
Let’s face the facts. You may have done the mapping of processes and transaction flows. You have categorized suppliers and started to consolidate them. You have purchased a system and written the policy. And yet – you do not get the results you aimed for. Why? There are no simple answers to why! Is it […]