Wikipedia
Procure-to-pay
Procure-to-pay is a term used in the software industry to designate a specific subdivision of the procurement process.
The procure-to-pay systems enable the integration of the purchasing department with the account payables department. Some of the largest players of the software industry such as BOB eProcure,SAP/Ariba, Oracle, agree on a common definition of procure-to-pay, linking the procurement process and financial department. These steps are included in this definition: