Most companies that maintain multiple systems within their procurement and accounts payable functions often wrestle with inefficient and risky processes.
If information doesn’t flow from one system to another, employees are forced to re-enter it, which introduces the potential for mistakes. Multiple systems also make it difficult for management to see across the enterprise and gain an understanding of the organization’s supplier base and overall spending. Suppliers may exist in several databases, perhaps under slightly different names, increasing the risk of double payments.
