THE QUEST FOR THE PERFECT PO
Transformation and system calibration for effective PO policy: Understanding the benefits of the “perfect PO” on the journey towards touchless invoice processing
- Scope of responsibilities of POs: At GBS or country level? Rules in place and importance of proper good receipt practices to reduce extra finance activity
- How to develop a user-friendly system and communicate on “full spectrum” benefits for both accounting and business to fight initial resistance to change
- Reducing approval turn-around and dictating payment terms: How can a proper PO strategy help streamline P2P operations