In the process of a Purchase-to-Pay-implementation (P2P), there are quite some opportunities for optimisation. This blog provides you with six best practices for a better implementation of P2P-software; these best practices are gathered by our consultants during implementations of new P2P-software.
IT-vendors often have a strong dominant position in their relationship with organisations and switching between IT-service providers involves high switching costs such as changing interfaces, reorganising processes, training people, and accelerated depreciation. In addition to direct costs, there is a risk of switching between service providers since a loss of production, sales and data may occur in case of failure. Therefore, these service providers can be seen as strategic providers which can have a high impact on the risks and costs of organisations (Kraljic, 1983). Kraljic indicates that a partnership may be the most appropriate strategy to mitigate these risks.