Procure-to-Pay Checklist

The goal of the Accounts Payable (AP) function in any organisation is simple: To ONLY pay invoices that are legitimate and accurate.

At first glance, this goal seems straightforward. However, any AP function can quickly become overwhelmed when processing large numbers of invoices from hundreds, if not thousands, of suppliers. Without rigorous Payment Controls in place, your organisation may find itself facing major losses due to fraud and error throughout the Procure-to-Pay cycle.

Following this 8-Step Guide will ensure your AP function follows best-practice principles that mitigate the risk of incorrect payments. At the end of the Guide, print and retain our handy Checklist so you can ensure you’re ticking all the right boxes every time an invoice needs paying.