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  2. Invoice processing - Wikipedia

    en.wikipedia.org/wiki/Invoice_processing

    Invoice Processing : involves the handling of incoming invoices from arrival to payment. Invoices have many variations and types. In general, invoices are grouped into two types: 1. Invoices associated with a company's internal request or purchase order (PO-based invoices) and. 2. Invoices that do not have an associated request (non-PO invoices).

  3. Procure-to-pay - Wikipedia

    en.wikipedia.org/wiki/Procure-to-pay

    Procure-to-pay. Procure-to-pay (also known as Purchase to Pay (P2P)) is a term used in the software industry to designate a specific subdivision of the procurement process. The P2P systems enable the integration of the purchasing department with the accounts payable (AP) department. Some of the largest players of the software industry agree on ...

  4. Purchase order - Wikipedia

    en.wikipedia.org/wiki/Purchase_order

    Purchase order request. A purchase order request or purchase requisition is a request sent internally within a company to obtain purchased goods and services, including stock. The request is a document which tells the purchasing department or manager exactly what items and services are requested, the quantity, source and associated costs.

  5. Production part approval process - Wikipedia

    en.wikipedia.org/wiki/Production_part_approval...

    The PPAP process is designed to demonstrate that a supplier has developed their design and production process to meet the client's requirements, minimizing the risk of failure by effective use of APQP. Requests for part approval must therefore be supported in official PPAP format and with documented results when needed.

  6. Electronic invoicing - Wikipedia

    en.wikipedia.org/wiki/Electronic_invoicing

    Electronic invoicing (also called e-invoicing or einvoicing) is a form of electronic billing.E-invoicing includes a number of different technologies and entry options and is usually used as an umbrella term to describe any method by which a document is electronically presented from one party to another, either for payment or to present and monitor transactional documents between trade partners ...

  7. Order (business) - Wikipedia

    en.wikipedia.org/wiki/Order_(business)

    Order (business) In business or commerce, an order is a stated intention, either spoken or written, to engage in a commercial transaction for specific products or services. From a buyer's point of view it expresses the intention to buy and is called a purchase order. From a seller's point of view it expresses the intention to sell and is ...

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