Purchase To Pay

web3Take complete control of your spend with web3 purchase to pay

Eliminating maverick spend, improving spend visibility and reducing manual process, Wax Digital web3 Purchase to Pay brings automation to the entire purchase to pay process, rapidly delivering cost and resource savings. An intuitive consumer shopping experience ensures employees can quickly and easily meet their needs for products and services from the right suppliers at the right prices.

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Purchase to Pay benefits at a glance

Next Steps…

  • What is Purchase to Pay

    New to the term Purchase to Pay, or need to refresh your memory? Here’s our explanation of Purchase to Pay, also known as Procure to Pay.

    Purchase to Pay, also known as P2P for short, comprises a number of stages that describe the end-to-end process from an organisation ordering a product or service from a supplier, through to the organisation making the subsequent payment for those services.

    The main stages of this process are product ordering, supplier requisitions, budget authorisation, receipting of delivery, and invoice processing. The process is also known as Procure to Pay. The illustration below shows the entire Purchase to Pay lifecycle.

    Purchase to Pay systems (or software) facilitate staff efficiencies, cost savings, spend control and spend transparency across this entire lifecycle.

    Purchase to Pay Lifecycle

    Purchase to Pay Process

    Purchase to Pay Process