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      Procure to Pay (P2P) Metrics and Dashboards in Bakersfield

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      June 20, 2019

      Thursday  10:00 AM - 11:00 AM

      Bakersfield - ONLINE
      Bakersfield, California

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      Procure to Pay (P2P) Metrics and Dashboards


      The P2P process can be difficult to measure since procurement and accounts payable may report to different organizations. In some companies, accounts payable usually reports through finance and procurement may report to supply chain management. This session will identify the key functions that impact the P2P process. The instructor will focus on the integral dependencies within the P2P process. We’ll discuss how metrics can highlight the negative and positive aspects of this important process. We’ll discuss how the P2P process can provide cost savings and improvements to working capability. The instructor will provide examples of metrics and dashboards that have been used at well-known companies.


      Obtain the Top P2P Metrics
      Learn how to Apply Metrics to Every P2P Process
      Learn How to Implement P2P Metrics
      Learn about P2P Dashboards and Reporting
      Obtain the Key Metrics for the Accounts Payable and Procurement Processes
      Learn about Balanced Scorecards


      This session will provide a roadmap for the implementation of key metrics that can be used in formulating a P2P Dashboard. The instructor will provide practical guidance for developing metrics that are reportable, actionable, and will stand the test of time. Attendees will learn how to actually use metrics and trends to develop areas for business process improvement. The instructor will define and explain the four foundational groups of metrics for P2P process.


      The Power of Dashboards and Metrics
      The Balanced Scorecard
      Identifying Objectives for the Procure to Pay (P2P)Process
      Dividing the P2P Cycle into Measurable Functions
      Defining Metrics for P2P Dashboard (The Four Foundational Groups)
      o Cost Saving and Value
      o Transactional Quality
      o Customer Service
      o Controllership

      Using Metrics as a Benchmarking Tool
      Using Metrics to Identify Cost Savings
      Establishing Service Level Agreements
      Implementation Guidance


      Procurement Professionals
      Accounts Payable Professionals
      Financial Officers
      Procurement Professionals
      Shared Service Center Executives
      Risk Officers
      Internal Auditors


      Chris Doxey, CAPP, CCSA, CICA, CPC

      Chris has been the owner and president of Doxey, Inc. since 2012. She provides management consulting services to clients such as NACHA, Oracle and Mastercard. She advises her clients on how to implement leading edge best practices and automation in the areas of internal controls, risk management and metrics for financial operations. She specializes in the procure to pay (P2P), order to cash (O2C) and record to report (R2R) processes.

      DATE &TIME:

      Date: 2019-06-20
      Time: 10:00 AM PST | 01:00 PM EST

      Duration: 60 Minutes

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      Cost: Payment required -

      Categories: Other & Miscellaneous

      Event details may change at any time, always check with the event organizer when planning to attend this event or purchase tickets.