Purchase to Pay (P2P)
Purchase to Pay Programme (P2P)
The P2P Programme is an initiative under the Professional Services Transformation (PST) programme, providing staff with the right guidance and information to enable them to complete the P2P process independently in compliance with the College's purchasing policy.
What is P2P?
P2P is the end-to-end process for Procurement and Finance. It spans every process, from spend management, strategic sourcing and vendor management to purchasing, performance management and accounts payable. See figure below for P2P steps.
We want to make our buying and payment processes easy and simple so that staff are guided in the right direction and the programme’s objectives are achieved.
The Programme seeks to:
- Review the existing P2P processes, organisational structures, approach to service delivery for purchasing and supplier on boarding, enabling the programme to achieve savings on the spend across College.
- Guide staff towards the College's approved channels of buying
- Ensure staff are buying the right products/services using the right channels and are compliant with the College's purchasing policy.
Image credits: Tejal Kachalia/Imperial College London
These are the four subject areas within the P2P programme.
Implementing the required controls in the P2P processes to ensure our data and system integrity is upheld.
Improving P2P related payment processes for the end users.
Improving and enhancing the Purchasing processes for the end users.