Creating a Strategy to Improve the End-to-End Source to Pay Process
Description: Join this Peercast to learn about a member company's journey to create and implement a strategy to drive improvements to the end-to-end Source to Pay process, from vendor creation to disbursement. Learn first hand from the company's Global Process Lead - Source to Pay, who is part of McDonald's GBS Operational Excellence organization.
Peercast Poll Results
Poll Title: Opportunities for Improvement in Purchase-to-Pay
Background: This poll allows companies to self-evaluate their Purchase-to-Pay process and where the biggest opportunities to exist to help to drive improvements.
Poll Question: How would you rate the overall status of the Purchase to Pay process at your company today with respect to quality, efficiency and cost?
| World class | 0% | |
| Among the best | 35% | |
| Good and getting better | 45% | |
| Working to improve, making progress | 20% | |
| Struggling a bit | 0% |
Poll Question: What do you believe would create the biggest impact in creating an environment to drive improvements in the Purchase to Pay process at your company?
| Change in organization structure or responsibilities | 24% | |
| Improved communication with customers and partners | 10% | |
| Increased standardization | 19% | |
| Process automation | 29% | |
| Technology improvements other than automation | 10% | |
| Development/improvement of a framework for process improvements such as Six Sigma | 0% | |
| Change in outsourcing arrangements or process location | 0% | |
| Other (please comment) | 10% |