Purchase To Pay

A Complete Guide To Best Practice Procurement

By: Peter Alkema

Narrated by: Virtual Voice

Review of Purchase To Pay by Mpfariseni Mulaudzi: "The book was an excellent read for someone like me who completely had little to no knowledge in the field of procurement. The subject is well introduced with each chapter well leading (an intro) to the next. The language used is easy as I found myself not once needing a dictionary to comprehend the concept being discussed. The book is short and concise raising essence to the subject matter of pertinence. I took it with intent to read for a couple of days but being so captivated ended reading it in just a day. Very well written and the subject cannot be more relevant today. Well done." This book covers: • How purchasing spend can be classified according to channel or supplier compliance • Catalogues, how they are managed and why they are an important part of e-procurement • Supplier portals, electronic purchase orders and invoice verification • What UNSPSC means and why it is a common system of product classification • How mature purchasing activity usually shows an increase in the number of purchase orders • What a limit order is and how it is used for commodities which cannot be catalogued • Training procurement users using either project based or business as usual methods • Why it’s important to link procurement system access to user training certification • The importance of the purchase order number and why the supplier must quote it on their invoices • Purchase order header and line item information • Three way matching and two way matching and how document cross checking controls purchasing • Centralised buying can be more efficient, especially when employees are too busy to use purchasing systems • Good practice requires the efficient tracking and management of goods distribution from supplier to customer • How a central payments department receives invoices and makes payments using automated invoice scanning Reviews of Peter Alkema's course Procurement Masterclass: A Complete Guide To Purchase To Pay "Great course introducing the fundamentals of Procurement through to payments. I think this course would be particularly useful for companies that are going through a Procurement System implementation, to help end users understand the underlying core process and what needs to be done." "A great crash course on the basics of the procurement process, from an instructor that has 'walked the walk' when it comes to implementing procurement systems within large organisations." "The course gives a good high-level overview of the PTP process, with practical examples of individual parts of the process. The author of the course has a good practical experience that is well used during the course sections." Recommendation of Peter Alkema's procurement training workshops: "Peter did an excellent presentation on World Class Operational Procurement at one of SmartProcurement's morning updates. The presentation was very well received, meticulously planned and delivered. Peter is highly skilled and inspiring as a public speaker as well as a key subject matter expert in the World Class Procurement and Business Process Optimisation arena"