Procure-to-Pay Services

Procure-to-Pay (P2P) represents the critical final phase of the procurement life cycle. The savings and business value generated through category management, sourcing, and contracting only become realized and recognized on the Profit and Loss when operational procurement is successful. Given this, the significance of operational procurement cannot be understated as a means to drive business value through compliance and a crucial feedback mechanism for continuously improving the overall category strategy. Escala's P2P services ensure the realization of contracted savings, driving value across the Source-to-Pay organization. Escala's comprehensive P2P program includes request and order management (such as helpdesk, PR-to-PO, spot buy catalog management, and master data management) and invoice and payment management (such as invoice and payment management).

Why it's important:

• Reach: Escala's P2P services help clients increase reach through improved PO compliance and spend visibility, resulting in reduced maverick spend and improved compliance.

• Effectiveness: Developing P2P strategies drives better spend compliance, reduced savings leakage, and centralized and standardized procurement operations.

• Efficiency: Escala's clients can optimize the solution through cost reduction, right-shoring of activities, consolidation and standardization, and continuous process improvement through RPA.

Services

Transactional Procurement

• Requisition to PO Management

• Spot Buy / Tactical Buy

• Catalog Development & Management

• Master Data Management

• Centralized Procurement Service Desk

Accounts Payable Services

• Invoice & Payment Processing

• Exception Handling

• Account Payable HelpDesk

• Travel & Entertainment Expense Processing

• Vendor Statement Reconciliation