What is General Ledger Reconciliation? A general ledger reconciliation is a process of comparing the ending balances in an organization’s general ledger account to the corresponding balances in the organization’s
What should you expect from an effective Source to Pay solution? Centralized management of accounts payable Expense analysis Workflows to handle payment cycles Document tracking Monitoring contracts
What tasks can be fully automated with minimal process changes through S2P? Spend Strategy Vendor Management Master Data Management Vendor Selection Negotiation Manage Demand for Purchases Place and Receive Orders
How does Source to pay help businesses save money? The benefits of effective source-to-pay practices are numerous and can have a real impact on businesses of all sizes. From improving
How does Source to pay work? Source-to-pay (S2P) is an end-to-end process that helps manage an organization’s expenditures, from strategic sourcing and vendor management. S2P is a process that automates