The Purchase to pay process, or P2P process, also known as procure-to-pay, is the end-to-end process from requisitioning, purchasing, receiving, and paying for all goods and services used in your business supply chain. The system can be automated by connecting procurement and invoicing to streamline the entire process and reduce risk throughout your organization.
Matrix management is common to businesses that share employees and other resources across functions or departments. This allows people from different functions to come together under a project manager to address the business’s needs.
The matrix structure aims to get everyone aligned and working on the same goals, understand where both teams are coming from, and improve the overall business, which serves procurement and finance.
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