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Procure-to-Pay (P2P) Best Practices

 

Gain a comprehensive understanding of procure-to-pay process automation, and how to establish a successful solution for your organization.

This topic will help you develop a road map that provides your organization with the ability to capitalize on the benefits that can be derived from a P2P implementation. This material will review case studies covering several industry sectors. Gain an understanding of the drivers for P2P success, and how to ensure post-implementation value. There are varying factors to consider when developing the strategy - existing technology and systems, challenges, potential risks, and alignment with company objectives. Learn how to recognize these key decision levers to create a successful P2P program for your organization.

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Procure-to-Pay (P2P) Best Practices

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Procure-to-Pay (P2P) Best Practices

Faculty

Kevin Giblin

Kevin Giblin

Chain IQ®

  • Serves as the head of Americas Sourcing & Offshoring for Chain IQ®, an independent, global service company providing strategic, tactical and operational procurement for its clients
  • Highly sought-after speaker on procurement best practices and thought leadership
  • Ranked among the “Top 25 Procurement Thought Leaders” by Thinkers360
  • Reengineered source-to-pay through lean agile project, resulting in measurable process improvements: faster speed to market (49% reduction in cycle time), and greater customer value (increased customer satisfaction 45% in six months)
  • Overhauled travel program, setting sourcing strategy and authoring new policy for $50M spend
  • Delivered savings of 20% on rental car spend, and $4M savings on preferred airlines and hotels program through strategic consolidation
  • Drove market share to a select group of airlines and decreased average cost per ticket by 15%
  • Provided sourcing leadership and governance on selection process for FAO, HRO, and ITO global partners (A/P, A/R, order-to-cash, RPO, HRMS, payroll, and information technology)
  • Developed corporate responsibility and sustainability program, to drive shareholder value and cost reductions resulting in the 2011 Collaborate to Innovate award (IACCM)
  • Can be contacted at 732-770-5083 or [email protected]
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Procure-to-Pay (P2P) Best Practices

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