What is inter-company transactions and payments? Introducing the benefits of invoice digitization and more.
Procure to Pay (P2P) refers to the process by which companies procure products and services from suppliers and pay for them. This process typically begins with the procurement department defining which suppliers to contract with and which services to receive. While it has contributed to enhancing corporate competitiveness through cost management of raw materials, improvements in production planning, optimization of inventory, and increased transparency in the supply chain, traditional ERP systems have struggled to adapt to cloud-based solutions, leading to challenges in keeping up with market changes. This article will focus on inter-company transactions and payments. *For more detailed information, please refer to the related links. Feel free to contact us for further inquiries.*
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Our company started in 1998 as an internal venture of NTT Data Corporation. In 2000, we became an independent specialized company, targeting the expanding market for web system development. We focus on developing and selling packages that provide a web system construction platform, which can be built quickly and at low cost by combining a range of components such as workflows, as well as easily customizable business application products.