{"id":19731,"date":"2025-08-19T09:31:58","date_gmt":"2025-08-19T13:31:58","guid":{"rendered":"https:\/\/events.iofm.com\/conference-fall\/session\/ap-and-procurement-collaboration\/"},"modified":"2025-11-07T06:01:25","modified_gmt":"2025-11-07T11:01:25","slug":"ap-and-procurement-collaboration","status":"publish","type":"session","link":"https:\/\/events.iofm.com\/conference-fall\/session\/ap-and-procurement-collaboration\/","title":{"rendered":"AP and Procurement Collaboration"},"content":{"rendered":"<p>Explore in this session how Procurement and Accounts Payable collaboration drives overall business process improvement. Which KPIs should Procure-to-Pay (P2P) focus on together. Who owns which part of the supplier relationship. What does a great relationship look like for a successful P2P collaboration.<\/p>\n<ul>\n<li>Process cost per Order &amp; Invoice<\/li>\n<li>First Pass Match Rate<\/li>\n<li>Three Way Match \/ Two Way Match<\/li>\n<li>Percent of Spend on P-Card<\/li>\n<li>Percentage of Spend on \u201cStandard\u201d terms<\/li>\n<li>Active Suppliers, 80% of Spend, 80% of Transaction Volume<\/li>\n<li>Electronic P2P Opportunities<\/li>\n<\/ul>\n","protected":false},"excerpt":{"raw":"Explore in this session how Procurement and Accounts Payable collaboration drives overall business process improvement. Which KPIs should Procure-to-Pay (P2P) focus on together. Who owns which part of the supplier...","rendered":"<p>Explore in this session how Procurement and Accounts Payable collaboration drives overall business process improvement. Which KPIs should Procure-to-Pay (P2P) focus on together. Who owns which part of the supplier&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","session_category":[28,69,169,166],"class_list":["post-19731","session","type-session","status-publish","hentry","session_category-ap-fundamentals-best-practices","session_category-general-session","session_category-main-agenda","session_category-thursday-2025"],"thumbnail":[],"metadata":{"session_id":["756c6e45-a937-4fb5-a439-cab4fd106200"],"session_speakers":[19183],"session_topics":[],"session_date":["2025-11-06 00:00"],"session_start":["2025-11-06 11:10"],"session_end":["2025-11-06 12:00"],"session_updated_at":[null],"session_display_priority":["3"],"session_weblink":[null],"session_sponsored_by":[null],"_eael_post_view_count":["487"],"session_room_number":["Milano I"],"rank_math_analytic_object_id":["72"],"rank_math_internal_links_processed":["1"],"_session_board_event_id":["6107"],"_elementor_page_assets":["a:0:{}"]},"_links":{"self":[{"href":"https:\/\/events.iofm.com\/conference-fall\/wp-json\/wp\/v2\/session\/19731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/events.iofm.com\/conference-fall\/wp-json\/wp\/v2\/session"}],"about":[{"href":"https:\/\/events.iofm.com\/conference-fall\/wp-json\/wp\/v2\/types\/session"}],"author":[{"embeddable":true,"href":"https:\/\/events.iofm.com\/conference-fall\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/events.iofm.com\/conference-fall\/wp-json\/wp\/v2\/comments?post=19731"}],"wp:attachment":[{"href":"https:\/\/events.iofm.com\/conference-fall\/wp-json\/wp\/v2\/media?parent=19731"}],"wp:term":[{"taxonomy":"session_category","embeddable":true,"href":"https:\/\/events.iofm.com\/conference-fall\/wp-json\/wp\/v2\/session_category?post=19731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}