Purchase-To-Pay often abbreviated to P2P, is the entire end-to-end process involved in procurement of goods and services and relies on technology and digital networks for efficieny and compliance. Purchase-to-Pay is a more strategic approach to procurement’s core business process because it focuses on spend analytics, strategic sourcing, vendor management, purchasing, accounts payable and overall performance management & reporting. Purchase to pay systems include:

  • Catalog and Content Management
  • Supplier Management
  • Requisition and Approval Workflow
  • Purchase Order Management
  • Accounts Payable
  • Invoice Reconciliation

DSSI's Solution

DSSI performs sourcing work as part of a Purchase to Pay continuum and supports the on-going daily sourcing needs of our customers through RFQ and Spot Buy functionality. DSSI aggregates purchases across not only business units but across multiple clients to improve performance, provide better spend analysis, and drive business value. DSSI's purchase to pay solution provides an automated and managed solution from item requisitioning through financial settlement and reporting.

Our purchasing capabilities are simply world class. We will host and manage your company specific catalog, simplify requisitioning, ensure proper controls using order approval and invoice reconciliation tools, provide up to the minute visibility into order status, support urgent ordering and order expediting, provide unprecedented transactional and management reporting, reduce the cost of financial settlement by managing and paying suppliers, and provide you with a consolidated invoice containing all possible levels of detail.

To improve inventory visibility and management, our Store Room™ application can be added for a full-service solution. Companies benefit from standardized requisition and approval workflows, intuitive receipting and disbursements, and robust reporting that includes inventory valuation and physical cycle counts.