Streamline processes & implement technology to transform your Procure to Pay (P2P) process
Procurement, or Procure to Pay (P2P), is a critical finance function that involves multiple steps and is pretty exhaustive in nature. The P2P process starts at the stage when an organization plans for procuring a good or service and passes through stages of placing the order, making payments and ensuring that the good or service is actually received. As you can imagine, carrying out this function onshore can open up room for manual errors, increase operational costs and take the focus away from value-driven initiatives.
QX Global Group offers a wide range of outsourced P2P solutions to clients in the UK & US markets. Our deep industry expertise and unique partnership approach allows us to closely understand our client’s specific organizational needs and devise customized solutions. Propel your company’s P2P processes, implement latest technology, reduce spends and get your onshore teams to focus on core business with QX’s outsourced P2P solutions.
Outsource your P2P functions to a team of finance experts and reap the following benefits:
Optimize P2P processes to improve team efficiency and increase accuracy
Leverage latest technology & tools to add agility to your P2P processes
Achieve cost savings of up to 50% by partnering with P2P specialists
Team up with industry experts to stay on top of dynamic regulatory needs
Ensure end-to-end data security and privacy for your company’s financial information
Gain access to insightful financial data and take smarter business decisions
ACCOUNTS PAYABLE AND T&E SOLUTIONS
For a business, its accounts payable and T&E processes have a huge impact on its cash flow, regulatory compliances and supplier relationships. QX Global Group’s AP and T&E solutions allow business to discover new cost saving avenues, improve working capital management, and build better supplier relationships. Read More
Invoice management is often a time-consuming and laborious activity, especially for accounting departments that handle a significant amount of paper invoices. Through its Invoice Processing solutions, QX helps businesses optimize the invoicing procedure, implement customized automation solutions and design a precise and efficient invoicing/billing process. Read More
Business that handle a large volume of supplier-related transactions often find it challenging to ensure timely material & service delivery while maintaining healthy business relationships. QX’s Purchase Order Management solutions allow businesses to digitize and automate the ordering process, handle orders from multiple locations, improve order tracking, and gain better visibility on business spends through insightful reporting. Read More
QX provides in-depth, timely and accurate reporting on all the key P2P aspects using intuitive dashboards. We are also capable of personalizing reports to fulfil the specific needs of your business, while adhering to industry best practices. This helps our clients stay on the top of their business finances and optimize their procure-to-pay process. Read More
Due to digitization, suppliers and vendors in today’s world expect easy access to information and responses online. QX’s Supplier Helpdesk Support solutions easily enable suppliers to access relevant information. These services help reduce supplier queries, while also recording and quickly resolving any queries that may arise. Read More
SUPPLIER MASTER MANAGEMENT
Any organization that handles a large volume of supplier-related transactions finds it challenging to extract relevant data and insights from supplier and item master records. QX’s Master Data Management solutions help organizations across industries to improve the accuracy of supplier/vendor data. Additionally, we help you unlock actionable insights for better decision making, while reducing the cost of accounting operations. Read More
Want to know how QX’s P2P solutions enable organizational transformation for our clients?
The QX team works with a combination of software to transform P2P processes for our clients. In addition, we are also open to working with your existing systems or any other software that might suit your business needs better.
Want to introduce a dedicated team of P2P experts into your business?