Question: A procurement outsourcing contract that covers approval workflow, material acquisition, purchase order, expediting, material and invoice receipt, invoice payment, financial performance, compliance management, policies and
A procurement outsourcing contract that covers approval workflow, material acquisition, purchase order, expediting, material and invoice receipt, invoice payment, financial performance, compliance management, policies and procedures, and performance and results reporting is called: procure-to-pay (P2P). procure-to-contract (P2P). source-to-contract (S2C). source-to-pay (S2P). third party logistics (3PL)
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