Standardizing and optimizing business processes are major challenges for companies’ competitiveness. If you want to make your company a successful Purchase to Pay organization and improve your financial and operational ratios, you will have to rethink the entire Purchase to Pay chain. This requires assessing your existing performance – strengths and weaknesses – through analysis of a series of key performance indicators, including:
Cost per bill
% of invoices cleared on the first try
Number of FTE staff in accounting department
Number of invoices per FTE
Number of suppliers
Number of new suppliers per month
Number of purchases excluding contracts
Number of received goods, incorrectly or not invoiced
Number of electronic invoices
Number of paper invoices
Payment duration (average)
% of paid late invoices
Number of users
Number of trained users
As a specialist in consulting and It services, Odyssée Conseil offers a set of powerful solutions to automate your Purchase to Pay processes. By automating the entire processing chain, you will significantly reduce input work, reduce errors related to human interventions, speed up processing, gain visibility and traceability on your flows, and improve your relations with your uppliers. Freed from tedious tasks, your employees can devote themselves to tasks with higher added value.