P2P Analytics
We Help You Run Your Procure to Pay Business
We provide the following analytics for your vendor management process as a key component in our Procure to Pay Risk Assessment.
Vendor Analytics
- Duplicate Vendor Number
- Duplicate Vendor Addresses
- Discontinued Vendor Report
- Claims by Vendor
- Claim Detail Overview
- Claim Summary by Vendor
- Claim Status
Additional Accounts Payable Reporting
The accounts payable director or manager should have the following reports available to make sound cash management decisions regarding which invoices to pay and when to schedule the disbursement. It is important to take advantage of available cash discounts (according to corporate policy), be cognizant of invoice aging periods, and monthly and quarterly cut-off dates. Business Strategy will work with you to develop a customized portfolio of reports. The following listing of reports provides the tools to assist with managing the accounts payable process.
- Average Days to Pay - Total Company
- Average Days to Pay - By Vendor
- Average Number of Checks Per Month
- Procurement Card Stratification
- Duplicate Payment Exception Reports
- Duplicate Vendors by Name and Address
- Item Price Spike Report
- Invoices Paid Early
- Missed Discounts