SSON Purchase to Pay Survey Report

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SSON

04 Aug, 2011, 07:00 GMT

LONDON, August 4, 2011 /PRNewswire/ --

Shared Services Outsourcing Network has just published the results of an industry wide P2P Survey, conducted recently among 6,000 specialists.

The results showed that two-thirds of P2P professionals cited both p-cards and e-invoicing as their most common solutions. Meanwhile, a third of participants claimed to be outsourcing their entire process.

With regard to the importance of automation,there is growing emphasis in many organisations on touchless processing and automation, not to mention the challenge of creating a truly end-to-end process. When asked about the extent to which automation is crucial to their P2P strategy, 66.7 per cent of respondents described it as a "very important".

The survey was created as a part of the pre-conference research for the European Purchase to Pay Summit 2011, taking place 10 - 12 October, 2011 inLondon.

The results helped to shape the agenda and final speaker line-up which features Paul Bennett, Head of P2P, BBC leading a session A Shared Vision of Supply Chain Integration: How Finance and Procurement are Aligning to Create Significant Savings and Ralph Geertsema, Head of Finance Transformation from BT Group that will share his experience onglobal P2P standardisation at BT Group; building up an insourced and outsourced shared services centre.

Other important topics expressed by survey respondents and will be discussed at the event include:

  • Leveraging existing P2P processes and applying them in a new shared services centre from Steven Mitchell, Eastern Hemisphere Operational Procurement Manager, BP
  • Schlumberger Case Study: Overcoming set up challenges in a shared services centre understanding the three vectors of the Schlumberger strategy (Gary Park, Director Finance Change Management, Schlumberger)
  • From PO to Value Sourcing in Marketing: The Warner Brothers Story (Sébastien Slek, Director Strategic Sourcing EMEA, Warner Bros)
  • Dramatically reducing the number of failed matches from invoice to PO's in 3 months (Gay Thackery, P2P Process Lead, May Gurney)

To access the full survey report or to find out more aboutEuropean Purchase to Pay Summit 2011 please visit the website: http://ptopsummit.com, email  enquire@iqpc.co.uk or call +44(0)2073689300.

Media contact: Joanna, +44(0)20-7368-9421, joanna.checinska@iqpc.co.uk  - Please contact for more information or images.

Press are invited to attend this important industry forum, if you would like to a complimentary press pass please email Joanna Checinska (jaonna.checinska@iqpc.co.uk)