For best-in-class organization, alignment between Procurement and AP isn’t a “nice to have” – it’s a “must have”. When Procurement and AP work in harmony, organizations have potential to save millions of dollars annually. On the other hand, lack of alignment between procurement and AP leads to breakdowns in efficiencies and quality, and increases the risk for regulatory compliance errors. This is both costly and unnecessary.
Whether you organize your work within a formal Procure-to-Pay (P2P) process or as two distinct silos, the reality is that Procurement and AP will always be dependent on each other. Recognizing the need for collaboration and shared learning, IOFM’s Fall 2019 APP2P Conference & Expo will now include a Procurement Operations Summit.
Attendees will benefit from opportunities to:
Gain peer-tested procurement best practices from industry experts
Network with peers who have faced and overcome similar challenges
Unleash the value of operating within an integrated P2P process
Breakdown the siloed thinking between Procurement and AP
Consider the potential of RPA and AI
Understand the importance of negotiating early pay/dynamic discounts
Other questions? Please contact Conference Advisor Gail Robinson by calling 207-842-5627.