The Butterfly Effect in Source to Pay (S2P) and Purchase to Pay (P2P)

LONDON, March 11, 2019 /PRNewswire-PRWeb/ -- In Chaos Theory, "The Butterfly Effect" is the sensitive dependence on early conditions in which a small change can result in massive differences at a later stage. From experiences and lessons learned with clients, customers and thought leaders, there is significant relevance of this phenomenon in Source/Purchase to Pay. Relatively minor decisions, errors and omissions in the early stages of P2P have an asymmetric impact on the cycle time, cost and effort and outcome quality in Accounts Payable, often with management placing greater focus on fixing the 'effect' rather than the 'cause' of process issues.

On the back of long running research into the S2P/P2P process, Consider Solutions will be sharing results of their unbiased end-to-end process research that is not focused on reinforcing an existing prejudice or supporting a marketing campaign for a specific solution. This survey that has been conducted with practitioners, subject matter experts and P2P leaders on the key challenges and pain points across the entire Purchase to Pay cycle, as well as in Accounts Payable specifically.

Join Dan French, Founder and CEO of Consider Solutions, on the 19th March to hear the results first hand and to join the conversation on practical approaches that address the causes as well as impact of these issues. The discussion will be around key issues, practical approaches for quick wins, low hanging fruit for Accounts Payable, some of the strategic transformation options across P2P/S2P with some latest insights and benchmarks from Consider's wider, exclusive research.

Anyone who is unable to make the live session, register as normal and the recording will be sent post-event.

Click here to register

SOURCE Consider Solutions

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