WM : Collaboration in P2P allows buyers and suppliers to create more accurate pricing , forecasts and delivery dates . This type of assurance ( seeing the data in a cloud-based platform ) cuts down on a lot of manual back and forth by email and phone . Some procurement professionals spend more than half their day simply fielding inquiries from suppliers on the status of events . P2P systems can make 90 % of that manual work disappear .
As the volatility of procurement and supply chain increases , how can P2P solutions help procurement leaders increase visibility , manage risk , and be more sustainable ? WM : P2P solutions can offer greater visibility into PO acknowledgements , invoice and payment status . A buyer can track how quickly and how often a supplier acknowledges a PO for example . Suppliers often gain visibility into the status of their
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