The Evolution of Procure-to-Pay Strategies Under Pressure
As procurement pressures are increasing and business values are shifting, modern organisations are having to switch tactics.
Increased transparency is becoming a major focus, as companies are now moving to more sustainable and ethical practices,
With a new focus comes a demand for new strategies, and it can be overwhelming to decide when and where these new strategies should be used.
The P2P Strategy panel will take place on Day 2 of Procurement & Supply Chain Live London 2025, with leaders representing GEP, Wiz, Mastercard and Cancer Research UK taking to the stage.
To secure your tickets and hear from these supply chain specialists, click here.
P2P platforms
Procure-to-Pay (P2P) refers to the integration of purchasing and accounts payable systems into a business to create a more efficient procurement processes.
It creates a fully automated system, rather than relying on manual entry and risking human error.
This end-to-end process helps organisations acquire goods and services with ease like never before, allowing for streamlined and efficient operations.
Effective procurement is important for the smooth-running of companies, ensuring they are working cost-effectively and acquiring ethical resources from trusted and reliable suppliers.
P2P platforms are evolving every day, responding to more pressures caused by geopolitical instability. Now, these platforms can help ensure suppliers are following ESG regulations with thorough checks and ensure seamless workflow despite disruption around the world.
Moreover, with their risk-assessing capabilities, these platforms can help drive cost savings and reduce risk.
Platform solutions and real application
GEP is one of the companies offering end-to-end procure-to-pay outsourcing services that help boost efficiency across procurement processes.
These services are designed to build year-on-year savings, improve return on operating costs and empower procurement teams to use their time more efficiently.
Cancer Research UK relies on donations to fund research into beating cancer. Its procurement team works to ensure the organisation can make the best use of these funds, by weighing up where investments go.
One such leap is harnessing AI to make faster treatment decisions, so the procurement team oversaw the process, from requisition to final supplier accounting.
Exploring P2P strategies
At Procurement & Supply Chain LIVE London 2025, you can hear from four industry experts about how they have built agile P2P systems to support resilient operations.
They will share how they are leveraging automation, supplier collaboration and real-time data in order to enhance value chain visibility and reduce risk.
This session, P2P Strategies, will run from 10:45am-11:30am on 24 September, on the Procurement Stage at the Business Design Centre.
Hear from:
- Vinay Bhat, Sr. Director at GEP
- Wayne Bell, Head of Procurement at Cancer Research UK (CRUK)
- Tulsi Narayan, Executive Vice President, Commercial and New Payment Flows, Europe at Mastercard
- Juliet Atweh, Head of Global Procurement & Travel at Wiz
About Procurement & Supply Chain LIVE London 2025
Procurement & Supply Chain LIVE is returning to the Business Design Centre in London for its annual Global Summit.
This unmissable event is aimed at facilitating knowledge sharing and connections among the world's procurement and supply chain leaders.
Those attending can enjoy inspiring keynotes, engaging panels and exclusive workshops covering a diverse range of topics, including supply chain transformation, procurement technology, sustainability and ESG, AI, finance, logistics and supplier relationship management.
To secure your tickets, click here.
