Purchase-to-Pay (P2P) processes are at the heart of effective procurement and supply chain management, yet many organizations struggle with inefficiencies, bottlenecks, and compliance issues that drive up costs and slow operations. In collaboration with OJC Conseil,

this webinar will uncover how process mining can significantly improve P2P process efficiency by delivering critical insights into essential metrics, such as Purchase Cycle Time, PO Compliance, and Touchless Order Rates.

Join us on November 21st at 9am CST / 3pm GMT to explore how process mining can help you visualize and analyze the actual flow of your Purchase-to-Pay (P2P) processes, from purchase order creation to invoice payment. By identifying gaps between your designed processes and the way they’re truly executed, process mining offers the opportunity to reduce cycle times, improve compliance, and drive automation. We’ll also discuss actionable strategies for managing off-contract spend, improving supplier performance, and increasing contract utilization. 

Key Takeaways: 

• Analyze critical P2P performance metrics, such as Purchase Cycle Time, Invoice Processing Time, and Supplier Lead Time Variability, to drive procurement improvements. 

• Discover how process mining identifies areas to enhance P2P compliance, minimize off-contract spend, and reduce maverick buying rates in procurement. 

• Understand how process mining helps increase automation and optimize P2P processes with data-driven insights into Touchless Order and Exception Rates.

• Discover best practices for leveraging data to improve supplier pricing negotiations, increase your on-time-in-full delivery rate, and consolidate spend for more favorable terms, ultimately improving supplier management. 

Whether you are a procurement leader, finance professional, or part of a process improvement team, this webinar will equip you with the tools and knowledge to enhance your P2P process improvement and increase ROI through process mining.