procure to pay

English

Alternative spellings

  • procure-to-pay

Phrase

procure to pay

  1. (business, finance) The business events that link the procurement process with the financial functions of a business, including supply management, requisitions, purchase orders, receiving, invoice reconciliation, and accounts payable.
    Synonyms: (initialism) P2P, (initialism) PTP, purchase to pay

See also

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