Procure-to-Pay
Procure-to-Pay covers everything between agreeing a price with a supplier and paying their invoice. These guides explain how to compare each invoice with the agreed contract, the purchase order and the delivery record, recover any overcharge, and authorize payment only for what your company genuinely owes.The Procure-to-Pay Process, Step by Step
Every step of the procure-to-pay cycle, from the agreed price to the payment, with the check that belongs at each hand-off and a worked example.
Checking Supplier Invoices Against Agreed Prices
The agreement, the price on the date, the escalation clause and the fees: how to check each supplier invoice line by line, and what to do with a gap.How to Tell If a Supplier Is Overcharging You
The signs of supplier overcharging, the six things to check on every invoice, and how to report a clean result as the win it is.Invoice Price Variance (IPV), Explained
Invoice price variance line by line: the formula, how IPV is booked, and why the ledger’s net figure hides what a supplier overbilled.Three-Way Match in Accounts Payable
The purchase order, the receiving record and the invoice, matched line by line before you pay, and why a two-way match can miss what never arrived.Contract Leakage: What It Is and How to Stop It
The agreed prices, credits and fee terms that never reach the invoice, a year of invoices checked in dollars, and how to stop the leak.
How to Dispute a Supplier Invoice
The evidence, the part you still pay, the letter to the supplier and the credit note: how to dispute an invoice so it gets settled.Price Escalation Clauses in Supplier Contracts
What an escalation clause allows, how to work out the rise it permits, and the three ways a supplier gets it wrong on the invoice.How to Manage a Supplier Rebate Agreement
The terms that decide what a volume rebate is worth, how to work it out from a year of invoices, and why earned rebates go unclaimed.2/10 Net 30: What the Discount Is Really Worth
What 2/10 net 30 means, the annual return hidden in an early payment discount, and when taking it is worth the cash.Freight Invoice Audit: How to Check Every Bill
The rate agreement, the bill of lading and the fuel surcharge table: how to check every freight bill, and how to claim back what a carrier overbilled.How to Set Up an Invoice Approval Workflow
The steps from invoice to payment, approval limits that fit a small team, and the monthly review that catches a purchase split to stay under them.Get audit-ready before the scramble.
For the person who holds suppliers to what was agreed.