Improve Procure-to-Pay Using the Seven Tenets of Process Management

 

Details

In this Q&A interview, APQC Senior Consultant Jess Scheer explains the benefits of using APQC’s Seven Tenets of Process ManagementSM to improve an organization’s procure-to-pay process. Scheer addreses the following questions.

  • What are APQC’s Seven Tenets of Process ManagementSM and how can they help improve an organization’s procure-to-pay process?  
  • Since people typically try to skip the foundational pieces, is there a specific tenet you’d say is the most challenging for organizations to implement?
  • Not every organization is going to have a single process owner for a function. Do you think it’s possible for a process to split leadership?
  • How would you recommend sharing the responsibility for optimization of the procure-to-pay process between the finance and supply chain units?

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