Procure-to-Pay is just one module in Oracle ’ s comprehensive Oracle Fusion Cloud ERP , which also features strategic sourcing , supplier management , a business network and much more .

The module streamlines purchasing by automating purchase orders ( POs ) from approved requisitions . It also improves revision management , offering a complete change history . Other features include : invoice matching automation – to free professionals from extraneous administrative tasks – and accelerated payment processing .

Coupa ’ s P2P solution covers the transaction journey endto-end , from strategic sourcing and requisition to invoicing and payments . But it ’ s just a small part of the company ’ s overarching Business Spend Management platform , which also allows organisations to automate contract lifecycle management , manage supply chain design and planning , manage supplier risk , surface actionable insights , and more . It empowers organisations to source more sustainably , with a suite of ESG functionality to track supplier compliance and drive carbon emission targets . The platform empowers procurement teams to “ evolve beyond the bureaucratic back-office function ”, and instead provide data-driven strategy to meet business objectives

114 August 2022