Table of Contents
Procure-to-Pay Basics
- Definition and Importance of P2P
- Overview of the P2P cycle
- Key Components of Procure-to-Pay
- Benefits of an Effective Procure-to-Pay (P2P) Process
- Common Challenges in Procure-to-Pay (P2P)
- The Procure-to-Pay Process
- Procure-to-pay Platforms
P2P Procurement Process
- What is Procurement Management
- The Procurement Process
- Procurement and its role in organizations under procure to pay
- Make or Buy Analysis
- Procurement Process under Procure to Pay
- What Goods or Services are Required
- Sourcing Strategies
- Supplier Management
- Contract Basics
- Global Sourcing
- E-procurement
P2P Vendor Management
- Supplier Strategy
- System of Vendor Evaluation
- Parameters for Evaluation of Vendors Performance
- Social Audit
- Total Evaluation
- The Process of Vendor Selection
- Vendor Negotiation
- Steps in Negotiating Contracts
- Guidelines for Purchases through Tender and Negotiations
- Strategies for Favorable Contract Terms and Conditions
- Purchase Review
- Supplier Relationship Management (SRM)
- P2P Placing Orders Process
Contract Management
- Contract Definition
- Contract Elements
- Indian Contract Act
- Contract Management
- Contract Lifecycle Management
- Automating Contract Management
- Change Management
- Contract Compliance
- Procurement and Contract Management
- Purchase & Tender procedure
- Commercial Disputes
- Alternative Dispute Resolution Technique
P2P Receipt of Goods and Services
- What is P2P Receipt of Goods and Services
- Receipt Methods
- Goods Inspection
- Goods Acceptance
- Goods Rejection and Returns
- Services Receipt
- Recording Receipt in the P2P System
- Invoice Matching
- Discrepancy Resolution
- Audit and Compliance
- Industry Examples and Case Study
P2P Cash Management
- Overview of P2P Cash Management
- Cash Flow Forecasting
- Cash Flow Optimization
- Working Capital Management
- Payment Terms and Negotiation
- Cash Management Policies and Procedures
- Cash Pooling and Sweeping
- Use of Technology in Cash Management
- Fraud Prevention and Detection
- Monitoring and Reporting
P2P Risk Management
- Introduction to P2P Risk Management
- Types of Risks in P2P
- Risk Assessment and Analysis
- Risk Mitigation Strategies
- Supplier Risk Management
- Contract Risk Management
- Compliance Risk Management
- Technology Risk Management
- Fraud Risk Management
- Risk Monitoring and Reporting
P2P Transition and Implementation
- Introduction to P2P Transition and Implementation
- Planning for P2P Implementation
- Change Management
- System Selection and Configuration
- Data Migration
- Training and Education
- Testing and Quality Assurance
- Go-Live and Deployment
- Post-Implementation Review
- Continuous Improvement
P2P Automation
- Introduction to P2P Automation
- Types of Automation in P2P
- Technologies for P2P Automation
- Implementation of P2P Automation
- Integration with Existing Systems
- Benefits of P2P Automation
- Challenges and Considerations
- Future Trends in P2P Automation
P2P Performance Management
- Introduction to P2P Performance Management
- Key Performance Indicators (KPIs) for P2P
- Performance Measurement Tools and Techniques
- Performance Improvement Strategies
- Supplier Performance Management
- Process Optimization
- Employee Performance and Training
- Compliance Monitoring
- Continuous Monitoring and Reporting
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