In a dynamic global market, an expanding list of enterprises across the U.S. and European Union are exploring avenues for growth, including going public and seeking investments. This makes it especially crucial to maintain control over spending while adhering to compliance and governance standards. By implementing procure-to-pay (P2P) tools, CFOs can streamline processes, address key compliance and governance issues, and enhance visibility.
In addition, amid rising costs and economic uncertainty, finance leaders are looking to automation to not only improve process efficiency but also enhance overall effectiveness. P2P solutions can automate and optimize procurement processes, minimizing errors, reducing costs and accelerating cycle times.
In this podcast, GEP experts Bharath Raghavan, Vice President Software Delivery, and Srinivas Sathiyamoorthy, GEP Software Business Development, explore the critical role of procurement in organizational success, the benefits of implementing P2P tools to enhance visibility and improve compliance and governance, and the positive impact of automation on financial decision-making.
