Optimizing Procure-To-Pay: Ten proven tips for boosting performance

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Procure-to-pay organizations are continually challenged to reverse losses stemming from inefficiencies, payment errors and fraud. Too often, though, their efforts are stymied by fragmented systems and processes that make it impossible to achieve a single, transparent view of their global operations. But today the tide is turning. By combining new technology-driven processes with proven best practices, companies are able to stop the leakage, protect their profits and break through common performance barriers. Below are 10 tips culled from best-in-class companies that can help you take your own organization’s performance to new levels.