Procure to Pay (P2P) Process Flow Overview

The Oracle Procure-to-Pay (P2P) process enables the integration of purchasing department with account payables department of a company. Oracle Procure-to-pay process is designed to provide  organizations with control over the entire life-cycle of a transaction, i.e., from placing an order for goods to the payment of invoice.  

Demand: The procurement process generates and manages requests for the purchase of goods. The demand for purchase items may be a one-time event of may recur in either predictable or random intervals.


Source:  The procurement sourcing covers the business activities related to the search, qualification and selection of suitable suppliers for requested goods and services.


Receive:  The receipt process acknowledges that a purchase order has been duly executed. For orders of physical goods, it will typically include receipts, inspection and delivery of the goods to inventory or to another designated location. For orders of services, it will typically consist of a notification from the requester or the approving person that the service has been performed as agreed. 


Invoice:  The invoice process includes entering supplier and employee invoices.


Pay: The payment process consists of these activities involved in the payment for ordered goods and services.


Oracle Modules involved in P2P Cycle