3 reasons why blockchain will bring value in Procure-To-Pay process Procure-to-Pay consists of the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It includes the transactional flow of data that is sent to the concerned supplier as well as data that surrounds fulfillment of the actual order. Blockchain in Procure-to-Pay processes can bring greater value.
Procure-to-Pay (PTP) is the multi-step process that connects a client with one or more service/product providers. It also allows for the identification and authentication of stakeholders, service provisioning budgeting, invoicing,…