What is P2P or purchase-to-pay?

P2P is the acronym for procure-to-pay or purchase-to-pay. The P2P 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. Learn more about GEP’s P2P services and P2P software.