Our Procure-to-Pay service is designed to identify solutions that provide organizations with improved control and visibility over the entire lifecycle of a transaction – from the way an item is ordered to the way that the final invoice is processed – providing full insight into cash-flow and financial commitments.
Chainalytics’ Procure-to-Pay service helps organizations determine which areas of their procurement process can be refined and to overcome the following challenges:
- How can we streamline processes to reduce working capital?
- What technology can enable improved processes?
Activities included in our typical procure-to-pay assessments include: supply management, cart or requisition, purchase order, receiving, invoice reconciliation and accounts payable.
Our solutions include:
- End-to-End P2P Process Improvement
- Policy Development / Modification
- Enabling Technology Assessment / Identification
- Supplier Segmentation