IBM Procure to Pay application for Oracle Cloud ERP is a plug-and-play tool that provides insights across the end-to-end Procure to Pay process starting from purchase requisitions, approvals, purchase orders, receipts, supplier invoices, and payments. It provides a ready-to-use set of dashboards and KPIs that map detailed activities and their variations (ex. Invoices created from scanned images, Invoices created manually.) to identify areas for spend reduction, productivity improvement, process optimization, and compliance improvement. Moreover, the app enables “faster time to insights” and the ability to monitor and manage activities continually through its “out of the box” connector for Oracle Fusion ERP Cloud.
This is where IBM and Celonis Combine their Strengths:
Reduce maverick spending and dark purchasing.
Identify process improvement opportunities for automation, intelligent workflow, and other solutions.
Gain real-time transparency across their entire procurement process.
Improve contract compliance, invoice processing cycle time & on-time payment performance.
Reduce retrospective Pos.
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