playbook
Procure To Pay
Service procured, delivered, invoiced, paid, and supplier reviewed
Suppliers, invoices, approvals, payments.
How it runs
- purchase-requisition → capture need, categorize spend, create PR
- Review and approve the purchase requisition
- strategic-sourcing → source supplier if needed (RFx, evaluation)
- purchase-order → create PO from approved PR, set terms
- Review and approve PO if above authority threshold
- order-to-pay → confirm delivery, 3-way match, process payment
- Approve payment execution
- supplier-feedback → post-engagement performance review
Why it matters
- 4× faster
- 3-way matching catches discrepancies
- Supplier reviewed after every cycle
What it needs
- Purchase need description
- Budget code or availability
- Supplier profiles (if existing)
What you get
- Approved Purchase Requisition
- Purchase Order with terms
- 3-Way Match verification
- Supplier performance review
