February 10, 2020
Ordering is complex and leaves a lot of room for process improvements. Managing supply chain is what allows intelligent ordering because suppliers and products and product pricing are all in the same place.
February 10, 2020
Your supply chain includes suppliers, products and pricing. When you have total control over your supply chain you maximize these three crucial elements for your club.
February 10, 2020
Your supply chain includes suppliers, products and pricing. When you have total control over your supply chain you maximize these three crucial elements for your club.
February 10, 2020
Procure to Pay (P2P) is the internal process of managing requisitions, receivables, and goods and services. It derives its name from the sequence of procurement and financial processes involved, from the first step of procuring a good or service to the final steps of paying the invoice.
December 3, 2019
P2P = Procure-to-Pay A P2P system is a fully integrated and automated end-to-end business process, which starts with suppliers, continues with ordering and receiving, and ends with payment. The front end begins with suppliers who offer products and services at negotiated and contracted prices. A business then initiates the automated shopping and ordering process for food, operating supplies and equipment (OS&E), services, and furniture, fixtures and equipment (FF&E). The generation of purchase orders, approvals, receiving, invoicing and payment are processed in the system, which ends with approved to pay invoice vouchers that are integrated into an accounts payable or ERP system.