Procure to Pay (P2P)
Before getting into the topic, write down two things:
1) Your high-level definition of the term spend under management
2) What percentage of your company/organization’s spend would you estimate is under management?
Once you answer those questions, read on…
A recent article in Horses for Sources generated a lot of turmoil by stating that “RPA is dead.” So, we thought it would be interesting and helpful to look at and discuss the current reality of robotic process automation.
In this episode of the Sourcing Industry Landscape, Dawn Tiura interviews Antonio Humphreys. Antonio Humphreys is the Senior Manager, Global Procure to Pay at Adobe. His diversified career path took him into roles outside of his wheelhouse, which has allowed him to excel at Adobe within the marketing sourcing vertical.
The entire source-to-pay spectrum in procurement stares at the eventuality named automation. With automation having the potential to lower procurement costs, generate greater savings and render greater value, its aggressive foray into the source-to-pay spectrum remains only a matter of time.