What is Purchase To Pay?

The purchase-to-pay process covers activities performed to obtain and manage materials required for manufacturing a product or providing a service. It involves the transactional flow of data with the supplier from the point of order right up to the point of fulfillment of the actual order and payment for the product or service.


Related Terms

What is P2P?What is Procure To Pay?What is Procurement Data Management?What is Procurement KPI?What is Procurement Technology?