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.P. Morgan offers the premier Order-to-Pay service for global commerce that automates purchase order delivery, invoice and payment processing, and discount management. By
connecting buyers with their suppliers across a secure settlement network, the
service automates transaction processing and optimizes working capital.
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Avoiding The Corporate Death Spiral: World Class Suppliers Need World Class Customers - 0 views
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As part of their effort to slash the cost of auto parts by 30% over the next three years, Toyota met with its suppliers last week to enlist their help in the process. Based on their reputation for dealing with suppliers, I'm guessing that Toyota will approach the process in a much different manner than most companies, and the process will be very successful.
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Instead of squeezing suppliers by beating down prices and lengthening payment terms, companies like Toyota...
Strategic Purchasing - 0 views
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The objective of strategic purchasing is to manage suppliers to reduce cost of materials and engage them in downstream processes and also to reduce the cost of purchasing. The implementation of IT in purchasing enables automation of many of the processes such as bid management and evaluation, order management and payment processes such as handling of invoices. The automation reduces errors in the purchase to pay cycle and increases process efficiency.
Basware and Cortex Announce E-Invoicing Project with Apache Corporation - MarketWatch - 0 views
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service company that improves efficiencies, reduces costs and streamlines procurement and supply chain processes for its customers.
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