Procure to Pay (P2P) Process
At Johnson Controls, we continuously strive to make procure to pay a seamless process from point of order to payment, which drives efficiency, effectiveness and enhances our internal controls. We are focused on compliance to our Procure-to-Pay process, including, providing clear definitions and expectations, while working with our suppliers to follow our processes.
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the goods & services needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to our supplier partner as well as the data that surrounds the fulfilment of the actual order and payment for the product or service.