4.50 (191 reviews)
☑ The purchase to pay process and why it is so important to manage spend in an organisation
☑ How supplier payments are handled and how they should be linked to upfront approvals
☑ The importance and approach to procurement training, to ensure users are well equipped
☑ Catalogues, shopping carts, electronic purchase orders and other concepts
☑ Different types of spend compliance and why its important to use these to improve procurement
☑ Different ways of matching documents to control the purchase to pay process
☑ What a limit order is and how it is used for commodities which cannot be catalogued
☑ The importance of the purchase order number and why the supplier must quote it on their invoices
☑ Centralised buying can be more efficient, especially when employees are too busy to use purchasing systems
☑ How a central payments department receives invoices and makes payments using automated invoice scanning
☑ Why its important to link procurement system access to user training certification
"Great course introducing the fundamentals of Procurement through to payments" - Yash
"Quick and easy to understand, course instructor knowledgeable about content." - Vernicia
"The author of the course has a good practical experience that is well used during the course sections" - Mira
Learn how companies manage the crucial purchase to pay process in their operations and why it is so important for global supply chains. Take your procurement knowledge to the next level by understanding all the key concepts of operational procurement and how they can be improved to manage spend and compliance. An introductory whiteboard lesson explains all the key concepts you need to know about purchase-to-pay in one place. There is a handy workbook that you can use to capture all the learnings and apply what you have learnt so that you can take your performance to the next level. There's also an overview lesson which I teach from a whiteboard so you have the all the key concepts explained in one place before you go into the detailed lessons.
This course covers:
How purchasing spend is either channel or supplier compliant
Catalogues, how they are managed and why they are an important part of e-procurement
Supplier portals, electronic purchase orders and invoice verification
What UNSPSC means and why it is a common system of product classification
How mature purchasing activity usually shows an increase in the number of purchase orders
What a limit order is and how it is used for commodities which cannot be catalogued
Training procurement users using either project based or business as usual methods
Why its important to link procurement system access to user training certification
The importance of the purchase order number and why the supplier must quote it on their invoices
Purchase order header and line item information
Three way matching and two way matching and how document cross checking controls purchasing
Centralised buying can be more efficient, especially when employees are too busy to use purchasing systems
Good practice requires the efficient tracking and management of goods distribution from supplier to customer
How a central payments department receives invoices and makes payments using automated invoice scanning
This is one of the most comprehensive overviews of the full purchase to pay value chain. Take advantage of having all these concepts clearly explained for you to gain the insights you need to gain procurement mastery.
Grasp The Overall Purchase To Pay Process
Learn Key Concepts in Purchasing
Types of spend compliance
Catalogues and Shopping Carts
Understand Efficient Purchasing
Master Requisitions, Approvals and Training
How Requisitions and Approvals Work
Improve Your Procurement Training
Achieve Expertise in The Purchase Order
What Goes In The Header
All About The Line Items
Different Types of Purchase Orders
Next Level Controls and Payments
2-Way and 3-Way Matching
Making Payments To Suppliers
The high level Procure to Pay process is well explained. Also, a good summary is provided on each activity.
It seems to be great course...really helpful to understand procure to pay system thoroughly...trainer has rich experience in the domain and explaining in simple ways which anyone can understand and improve the skills
Course content were appropriate and well designed for beginners to know procure to pay cycle. I would recommend to have more whiteboard sessions or examples to be discussed instead just talking the concepts.
I am a Procurement technician for my company. this course will help me do much better and improve my skills.
this course was very informative however the assignment somehow confuses me as am not yet in the field
A great crash course on the basics of the procurement process, from an instructor that has 'walked the walk' when it comes to implementing procurement systems within large organisations.
Great course introducing the fundamentals of Procurement through to payments. I think this course would be particularly useful for companies that are going through a Procurement System implementation, to help end users understand the underlying core process and what needs to be done.
I think the course was informative but a bit light on procurement fundamentals. Being a season and experienced Supply Chain Management expert, along with tech implementations, I think the course is good for an introduction to Procure to Pay p2p but don't think it covers all the details it should. However, given the courses I am use to, perhaps I am overly critical as I complete far more in depth courses regularly, so perhaps really the target audience that would be critical.
Thanks enjoyed the lesson, course material relevant to all procurement platforms. Quick and easy to understand, course instructor knowledgeable about content.
The course gives a good high-level overview of the PTP process, with practical examples of individual parts of the process. The author of the course has a good practical experience that is well used during the course sections.