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CAPABILITY


Reducing costs through a streamlined procure-to-pay approach

This highly automated purchase management process uses a single channel for all payments to significantly reduce costs.

Overview

Accenture procure-to-pay (PTP) services use leading automation tools and analytics to help clients transform their procure-to-pay process—while gaining insights to understand what actions they can take to drive business outcomes.

Accenture brings:

  • A way for cost reduction to position you for future growth
  • The ability to shift the amount of up-front investment into operational investment over time

Accenture’s solution includes:

  • Accounts payable services
  • Supplier enablement activities
  • Implementation accelerators
  • Ongoing application management
  • A combination of proprietary and third party tools that drive touchless processing

Accenture’s solution is:

  • Business outcome focused
  • End-to-end
  • Insight-driven
  • Digital-enabled
  • Asset-driven
  • Global in reach and scale

 

Click this to view Infographics. This opens a new window.View infographic to see this model in action. [PDF, 1.1MB]

Why Accenture

Clients who have used our procure-to-pay approach have seen results, including:

  • Forty percent lower operating costs through centralization and deployment of onshore-offshore mix
  • Optimized working capital

    • 10M saved over one year through early payment discounts for Microsoft
    • Seventy-five to 85 percent improved discount realization rate resulting in $270,000 increased discount capture in four months for a global technology company
  • Improved compliance and control

    • Ninety-one percent first time match rate for a European retailer
    • Fifty-three to 82 percent increased pay on time performance at a global oil and gas company
  • Improved process efficiency

    • Seventy-five percent reduction in invoice life cycle time for a European retailer
    • Ninety-five countries now have common processes provided in 36 languages across four delivery centers for Microsoft

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