Procure-to-Pay Calculator
Procurement professionals’ first step in the P2P automation journey is to measure your current cost and establish future goals.
Purchase-to-Pay (Purchasing & Accounts Payable)
Total Annual PO & Invoice Related Costs
Total Annual PO Related Costs
Estimated Cost Per Invoice
Total Annual Invoice Related Cost
Total Cost and Savings
Total Annual PO & Invoice Related Costs
Now that you have established baseline costs the next step is to evaluate the tools and techniques that can be implemented to achieve your future state goals.
Follow the link below to download “Ultimate Guide to Building a Procure-to-Pay Business Case.”
Create Your Case
Manual vs. Automated
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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 above. It’s designed to provide a quick estimate of those costs. Specifically, the cost per purchase order (CPPO) and cost per invoice (CPI).