Purchase to pay quick tips are a series of short best practices tips designed to help the viewer run a more efficient P2P operation. The third focuses on spend analytics that don’t deliver what is needed. Analytics are an important part of any process, if you wish to improve it. So, getting less than ideal spend analytics is likely to create all sorts of problems in #accountspayable, procurement and elsewhere. #P2PQuickTip #accounting

As analytics become more important and it becomes easier to produce budget vs. actual spend reports, employees will come under more scrutiny, if they are over spending. They are then likely to complain and cause other problems when they can’t get the data they need and rightfully should have.

Do your employees complain because they don’t know where they stand vis-a-vi the budget? They don’t know how much has been spent and more importantly, how much they still have to spend. Is your organization maximizing its purchasing power, taking advantage of all the quantity discounts it is entitled to? We’ve got some simple solutions to address this problem and make sure your company comes out a winner, while simultaneously boosting the bottom line in order to do an efficient and effective job.

Link to Purchase to Pay Quick Tips Playlist:https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP

Learn more about Compleat:https://hubs.ly/Q01b1z2v0

Host: Mary Schaeffer www.ap-now.com