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Home » The Right Way to Solve Procure-to-Pay (P2P)
CXO Minute

The Right Way to Solve Procure-to-Pay (P2P)

Future CXO Minute Ep. 35
Wayne SadinBy Wayne SadinJune 23, 20221 Min Read
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AE Leadership

This episode is brought to you by the Cloud Wars Expo. This in-person event will be held from June 28th to 30th at the Moscone Center in San Francisco, California.

Highlights

00:07 — Wayne’s experience in supply chain management is rooted in procure-to-pay (P2P) solutions, or the question of how to get the right products to the right people and pay for it as efficiently as possible.

00:45 — Digitizing paper documents often places too much focus on the wrong problem that needs solving; P2P always begins with answering “Why do I need what I need?”.

02:20 — Data on paper invoices should be nothing more than a confirmation that orders are in sync with what the vendor is billing for. By solving and problems early in the invoicing process, reliance on paper digitization is naturally reduced.

03:05 — Consider the deeper problem you’re supposed to be solving, not the surface-level symptoms.


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Wayne Sadin

CIO, PriceSmart
Cloud Wars Advisory Board Member

Areas of Expertise
  • Board Strategy
  • Cybersecurity
  • Digital Business
  • Website
  • LinkedIn

Wayne Sadin, a Cloud Wars analyst focused on board strategy, has had a 30-year IT career spanning logistics, financial services, energy, healthcare, manufacturing, direct-response marketing, construction, consulting, and technology. He’s been CIO, CTO, CDO, an advisor to CEOs and boards, Angel Investor, and independent director at firms ranging from start-ups to multinationals.

  Contact Wayne Sadin ...

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