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5th Annual ‘Purchase-to-Pay Automation’ 2014 European Survey
Multi-ERP integration, financial & accounting management tools, supplier collaboration and mobile applications have been reported as the four new emerging trends within the purchase-to-
£ The main findings of this 2014 edition
/ P2P automation is an ever-growing practice within AP departments, confirmed by 75.5% of all survey respondents that reported they have implemented one or more solutions for their AP processes. This is a 15% increase from 2012.
/ Respondents within this 75.5%, outlined three main advantages of having an automation solution in place; a reduction in administrative costs, a reduction in processing times, and a general improvement in the management of the entire purchase-to-
/ The rate of growth for P2P projects is consistent across all countries, with 58% of respondents reportedly having a P2P project for their AP process. Given the already high implementation rate, these projects often involve the addition of new applications (e.g. the collaborative supplier portal) or new roll-outs.
/ In this current era, globalisation is increasing, leading towards the globalisation of new P2P projects. This globalisation operates on two levels; a functional scope (all of the Purchase-to-
/ Financial and Accounting departments need “flexible”
/ In fact flexibility i.e. “multi-ERP integration”
/ And 84% of respondents also choose according to the capacity of the P2P solution to automatically generate management indicators to monitor the whole chain, regardless of the existing or future IT systems and organisational methods.
/ The onset of new practices: the supplier portal
The UK is the precursor in this area; nearly 25% of organisations in the UK have implemented a supplier portal, compared to just 14.5% in France. This emerging practice is expected to gradually grow, with 17.6% of projects reported for France, 27% for the UK and almost 19.3% on average for the all countries covered by the study.
/ ... and mobile applications
To improve flexibility and responsiveness, and keep in line with “DAF 3.0 (http://lecercle.lesechos.fr/
The full results of the 2014 ‘Purchase-