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Procure-to-pay solutions

Optimize procure-to-pay processes and gain end-to-end visibility into supply chains

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79%
of purchasing departments have experienced positive impact on their organization and performance from deploying digital procure-to-pay solutions[1]

Digitizing the end-to-end procurement lifecycle

See how procure-to-pay software increases efficiency.

While modern supply chains have largely replaced paper-based processes with digital ones, these solutions often operate in isolation, preventing a streamlined flow of information. To truly compete, organizations must unite every supplier, customer, and partner in a single, secure digital ecosystem.

A procure-to-pay solution provides secure self-service capabilities, digitizes transactions, ensures compliance, unlocks real-time visibility, and unifies collaboration. The result: less manual rekeying, faster onboarding, fewer errors, and a supply chain resilient enough to handle disruption.

Key benefits of a connected procure-to-pay process

Unite your entire supply chain ecosystem for end-to-end visibility and improved community collaboration.

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  • Boost supply chain performance

    Manage by exception with a 360-degree view of supply chain activities and supplier performance within a single procure-to-pay platform.

  • Drive continuous improvement

    Alleviate risks created by poor supplier performance and create a culture of continuous improvement using scorecards to track key performance indicators.

  • Enhance logistics and shipping

    Manage complex transportation scenarios by giving both buyers and suppliers visibility into electronic forecasts and carrier shipping updates.

  • Extend real-time visibility and control

    Empower business users with instant alerts on new orders and status changes, access to dashboards, and the ability to manage exceptions from anywhere on any device.

Business impacts of procure-to-pay solutions

  • Order management

    Manual processes delay payments and shipments. Automate complex workflows across multiple departments to decrease purchase order cycle time, ensuring healthier inventory levels and timely deliveries with procure-to-pay software.

  • Information exchange

    Businesses need to exchange orders, transportation data, and invoices with their suppliers. By streamlining data flows through digitalization, businesses can cut operational costs, improve first-time match rates, and reduce cost per invoice.

  • Supply chain visibility

    Siloed systems lead to miscommunication and delays. A unified integration platform provides real-time visibility to help suppliers improve their perfect order rate and reduce average days late, ensuring products are delivered on time and error-free.

  • Supply chain insights

    Poor collaboration hinders issue resolution. Gain actionable intelligence and reduce disputed invoices and supplier defect rates by connecting your entire ecosystem for collaborative, data-driven decisions.

  • Real time ordering and fulfillment

    Legacy procure-to-pay solutions don’t support purchase order changes. To stay competitive, organizations need to quickly respond to market shifts. Enable real-time ordering and faster delivery with mobile order management apps.

  • Shipment tracking

    Lack of visibility leads to delayed or lost products. Leverage procure-to-pay software with IoT track and trace capabilities to proactively monitor shipments, get ahead of issues, and improve your suppliers’ on-time delivery rates.

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Leaders trust OpenText for P2P automation

See how customers are succeeding with procure-to-pay solutions.

See more success stories
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Intelligent lighting and smart home company delivers on time to millions of customers with streamlined order management from OpenText™ Trading Grid Supplier Hub

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retail consumer goods logo

UK food retailer merges trading networks. Co-operative Food transforms business and manages high volume of supplier invoices with OpenText Trading Grid

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Esprinet streamlines electronic document exchange with OpenText. OpenText B2B Managed Services removes burden of set-up and maintenance, provides greater automation and improves efficiency

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Frequently asked questions

Procure-to-pay (P2P) solutions are integrated platforms that connect procurement and accounts payable processes into a single digital workflow. They automate tasks like supplier onboarding, purchase orders, invoicing, and payments, while providing real-time visibility into spending. By streamlining the buying process, P2P solutions reduce errors, improve compliance, optimize working capital, and create a more efficient, collaborative supply chain.

An example of the procure-to-pay (P2P) process follows these steps:

  • Identify a need and create a purchase requisition
  • Select a supplier and issue a purchase order
  • Receive goods or services and confirm delivery
  • Match and verify the supplier’s invoice with the order and receipt
  • Process payment to the vendor and update financial records

This end-to-end workflow ensures accuracy, compliance, and efficiency from procurement through final payment.

Procure-to-pay (P2P) software centralizes and automates procurement and payment workflows, eliminating manual tasks that slow down operations. Key benefits include greater efficiency, reduced processing costs, improved compliance, stronger supplier collaboration, and real-time visibility into spending. By streamlining every step from requisition to payment, P2P software helps organizations optimize working capital and reduce risk.

There is no difference between procure-to-pay and purchase-to-pay. Both terms describe the same end-to-end process that connects procurement with accounts payable. Often shortened to P2P, it covers everything from requisitioning goods and services to supplier invoicing and final payment. Different industries may prefer one term over the other, but the meaning and workflow are identical.

Explore the components of the solution

Products

OpenText offers a broad set of capabilities in procure-to-pay software, systems, and services:

Professional Services

OpenText combines end-to-end solution implementation with comprehensive technology services to help improve systems.

Procure-to-pay resources

5 tech trends shaping P2P

Read the position paper

OpenText Trading Grid Supplier Hub

Read the overview

How to choose the best B2B integration software in 2025

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Protecting profitability: A CFO’s playbook for tariff risk and cash flow

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An open letter to anyone switching their supply chain integration services

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From disruption to agility: Solve supply chain with B2B integration

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Hong Kong Maxim’s Group: Orchestrating supply chain excellence with OpenText Business Network

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Footnotes

Footnotes

  1. [1] PWC Digital Procurement Survey, 3rd edition, 2021