Flag and fix trouble areas across your entire P2P process

Can you spot duplicate invoices? Are you purchasing goods from non-approved vendors? Paying for goods you haven’t received? Are POs being issued after goods are received? Or modified after they’ve been approved? With the Process Analyzer for SAP® Procure to Pay (P2P)  module, you can remedy these issues by continuously monitoring transactions for exceptions to your business rules across the SAP procure to pay process.

 

Capabilities

Detailed Insights. C-level executives, line of business managers and internal auditors gain instant, detailed insight into the end-to-end procurement process in SAP. That helps you reduce fraud risk and eliminate costly business inefficiencies.

 

Continuous Controls Monitoring (CCM) of business rules. Simplify procurement complexities to gain greater oversight over the P2P process, and reduce fraud, waste and spend leakage.

 

Real-time notification of issues. The system checks every SAP procure to pay interaction and ensures that business rules exceptions are immediately identified and reported to key personnel, so they can be reviewed by those with proper authorization.

 

Exception management and remediation. When an exception is found, users can drill down to the cause straight from the ControlPanelGRC interface, then remediate or escalate the issue from within the system. Actions taken to remediate an issue are noted and saved for audit.

 

Benefits

Reduce wasteful spending and processing delays. Flag issues like duplicate invoices, invoices without proper documentation, paying for goods that haven’t been received, and receiving goods from non-approved vendors. That prevents wasted spending, interruption of the supply of critical goods and services, missed payments and damaged supplier relationships.

 

Improve visibility. Identify and resolve the most common P2P mistakes and improve training. Automated monitoring of the process helps you enforce the organization’s rules and improve business efficiency.

 

Enhance audit efficiency, reduce audit costs. Automate audit preparation to reduce risk and save time, by automatically monitoring all interactions, simplifying the process, and eliminating the need for manual sample testing.

 

 

SAP GRC Procure to Pay