CHAPTER1Procure-to-Pay Overview
The Procure-to-Pay process is the heart of any organization—it’s the flow that gets the goods required to do business. From the supplies that keep office staff productive to shop floor inventory that is delivered just in time for consumption in the manufacturing process, all organizations have a hard time functioning without this cycle.
Oracle E-Business Suite (EBS) has a comprehensive and integrated Procure-to-Pay cycle that can be set up to meet any company’s needs. On the simple side, these needs may include manual purchase orders to procure items, receipts that are matched to invoices when they are delivered, and ultimately the creation of payments. Or they may entail a more complex cycle that is fully automated, ...
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