Procure-to-Pay: Optimise your processes, make them more adaptable

The changes faced by CFOs are constant whether they are new regulations, acquisitions, mergers, reorganisations, ERP changes… In this context, having an adaptable Procure-to-Pay process in real time is essential to guarantee operational business continuity, in all circumstances, including during such unpredictable events as the health crisis that is disrupting all interactions and operating methods.

Procure-to-Pay: Fighting against fraud is no longer an option

Fraud has become a real threat in the P2P process: according to the DFCG 2020 – Euler Hermes study, 1 out of 3 companies suffered more than 5 fraud attempts in 2019 and in 56% of the cases of fraud observed, it is the document (invoice, BIC, etc…) that is implicated.  Therefore, making a success

Maximum Procure-to-Pay automation: The key to success!

The economic crisis is driving finance departments to seek productivity gains like never before. In today’s context, the Procure-to-Pay process represents one of the main sources for improving efficiency. Digitalising the process allows to reduce costs and processing times by 6 or more, compared to a manual process… But these performances are only provided by the best!

Procure-to-Pay: The 5 Challenges of Digitalisation

Like 60% ¹ of finance decision-makers, you are convinced of the importance of digitising the Procure-to-Pay (P2P) process. Productivity, auditability, traceability, risk management, resilience… the benefits are many. The question is no longer if, but “how”? If you do not want to “just” digitise, but also want to reach the level of the best-in-class, the

Streamline for Invoices Fall’20 edition focus on e-invoicing in Europe

Having been involved for many years in the field of electronic invoicing, ITESOFT have taken a step forward with the new edition of its Procure-to-Pay offer which notably inciludes several new turnkey connectors making it possible to manage more invoice formats from more national regulators   ITESOFT announce the availability of the new edition of

Procure-to-Pay process: The major impact of indirect purchases

10% savings on indirect purchases can produce up to 50% increase in sales benefits Faced with this observation, indirect purchases which until now having been considered to be the “poor child” of purchasing, are undergoing a real transformation: 76% of the companies questioned have an Indirect Purchasing Department and 57% manage them differently when compared