Purchase-To-Pay Transformation: Why And How To Get Purchasing And Finance To Work Together

Air Date: Wednesday, December 16, 2009

Cost: $250

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Presented By:

Who should attend: Sourcing & Vendor Management professionals

Description:

Many enterprises have transformed their purchase-to-pay (P2P) operations by implementing ePurchasing technology, yet others have struggled to achieve real change. Forrester has researched this issue and has identified how the most successful companies have driven greater cooperation and collaboration between these two mutually distrusting functions. Many purchasing departments find themselves caught between business customers demanding lower prices and faster response, and finance departments trying to impose out-of-date, document-centric financial control policies that often turn out to be counterproductive. This teleconference will explain how smart use of ePurchasing can both satisfy finance's need for visibility and control, while also improving purchasing's effectiveness. It will explain, with the use of case studies, how some companies have streamlined their problem categories without forcing them down the traditional, but inappropriate process.

Agenda:

• Conflicts between finance and purchasing.
• How ePurchasing technology can bring the warring functions together.
• Recommendations on how to drive this process in your organization.

Related Research:

Best Practices: Invoice-To-Pay Process Automation

by Duncan Jones, November 19, 2008

TechRadar™ For Sourcing & Vendor Management Professionals: ePurchasing, Q3 2009

by Patrick M. Connaughton, Duncan Jones, July 22, 2009

Technical requirements:

An Internet connection and a one-time download of the WebEx™ Player are required.