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In your world, P2P isn’t peer-to-peer—that’s so 1999. You know that automation is the key to clearer, more-efficient procurement processes, and more-efficient spending across the business. But automating procurement isn’t just about saving money. It’s also an important part of helping procurement become a more-strategic driver in the business—freeing procurement experts from long, paper-based processes so that they can focus on improving supplier relationships and internal practices.
From more-touchless transactions to smarter spending, we want to hear how you’ve turned procurement into a major payday.
The Procure-to-Payday Award honors an outstanding procurement executive who has transformed the P2P process using Oracle Procurement Cloud, based on the following criteria:
Uses self-service procurement to control maverick or off-contract spend
Uses spend analytics to make the P2P process more strategic, negotiating better contracts with key suppliers and predicting future spending patterns
Automates the payables process with touchless transactions to strengthen control and eliminate errors
Improves collaboration across procurement processes
Uses innovative new technologies, such as the Internet of Things, blockchain or machine learning, to intelligently automate procurement processes
Helps procurement become a more-strategic driver in the business—freeing procurement experts from long, paper-based processes so that they can focus on improving supplier relationships and internal practices
If that sounds like you, we want to know! Visit our nomination page today, and your heroic efforts could be officially recognized at the Oracle Change Agents of Finance Awards.