Everest Group: The Evolution of Procure-to-Pay Technology

The procure-to-pay process is the backbone of every organization’s purchasing and accounting operations. Despite its importance, however, many companies have struggled to realize P2P’s full potential, with many stakeholders viewing it as a manually intensive process driven by repetitive tasks.

Fortunately, that perception is beginning to change. As procurement and finance have become elevated to strategic functions in their businesses, the P2P process is being reimagined as a key digital transformation area to improve financial performance and employee engagement. 

This market landscape report, authored The Everest Group, provides a fresh look at the modern P2P process and leading technology providers. Key highlights of the report include:

• The challenges with traditional P2P operations
• Drivers for P2P technology adoption
• Adoption methodologies by enterprises
• The road ahead for the P2P function
• A guide to the evolved P2P technology supplier landscape
• A comprehensive overview of Zip P2P platform capabilities