Procurement risks occur as a result of unreliable purchasing and P2P processes. These processes become unreliable when inefficiencies are not planned for, not identified and dealt with properly and in a timely manner, or when risk assessment and management protocols fail.
An inefficient purchasing and P2P process is not only risky for the procurement and accounts payable department, it’s also risky for business performance and can jeopardize its financial standing.
So take a look at this blog post to understand how to get the most out of Pipefy for this use case!
https://www.pipefy.com/blog/procure-to-pay-risks/
Download The Definitive Guide to P2P Optimization, for free, to learn how to identify and overcome common procure-to-pay risks.
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