Procure-to-Pay Calculator

Procurement professionals’ first step in the P2P automation journey is to measure your current cost and establish future goals.

PURCHASING

In General

How automated is your current purchasing process?
0 = Paper-based & Decentralized
3 = Excel, email & Decentralized
6 = Some Automation & Centralization
9 = Fully Integrated Purchase-to-Pay

*

Personnel – Requisition

Requester
(Facilities, Operations, Administrators)

$

$ 55,000

Department Approver
(Managers, Directors, Department Leaders)

$

$ 80,000

Number of Approvers Per Purchase Order (PO)

2

Personnel – Purchasing

Purchasing Agent
(Turns purchase request into PO)

*

$

$65,000

Purchasing Manager
(Oversees purchasing activities)

*

$

$100,000

How many monthly requisitions do you issue?

*

ACCOUNTS PAYABLE

After collaborating with various industry analysts and PayStream Advisors’, we determined a need for a tool that helps procurement professionals identify cost saving opportunities to increase efficiency, drive innovation and build a robust Procure-to-Pay platform to support growth.

Toward that end, we engaged PayStream Advisors to leverage their comprehensive market research data to create the calculator below. It’s designed to provide a quick estimate of those costs. Specifically, cost per purchase order (CPPO) and cost per invoice (CPI).

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