COVID-19 UPDATE: NU is open; faculty/staff are working remotely if possible; campuses are open for in-person learning this fall.

MORE INFO

COVID-19 UPDATE: NU is open; faculty/staff are working remotely if possible; campuses are open for in-person learning this fall.

MORE INFO
  • Procure-To-Pay Initiative

  • Procure-To-Pay Initiative

  • Procure-To-Pay Initiative

  • Procure-To-Pay Initiative

  • Procure-To-Pay Initiative

What is Procure-to-Pay (P2P)?

Graphic with a flowchart showing the four P2P functions

Procure-to-Pay (P2P) is a business process that begins with the need to purchase (or procure) goods or services from a supplier qualified to conduct business with the University and ends with an authorized payment to that supplier.

A high-performing P2P process creates strategic value by integrating people, process and technology best practices—in support of university goals and objectives. Technology applications can refocus labor resources and support policy compliance for purchases, order receiving and reconciliation, and invoice processing and payment.

Why Implement P2P at NU?

 

Purpose

The P2P Initiative will structure and align resources from Procurement and Payment departments across the NU system.

These departments will support a center-led procure-to-pay operating model and provide leadership and strategic direction to purchasing initiatives.

This operating model allows NU to make targeted investments while significantly improving customer service, reduce risk and bring greater quality to campus communities.

Benefits

  • Standardized, consistent policies and best-practice procedures.
  • Focus on strategies that leverage NU's scale and generate cost savings.
  • Collaboration between procurement and payment, leading to more efficient processes and improved supply chain management.
  • Improved administration and training support across the NU system.
  • Shared business intelligence capabilities to analyze spend at campus and system levels and make data-driven decisions.
  • Maximized use of electronic tools and technology solutions.

Your P2P Initiative Questions, Answered

You can find detailed answers to frequently asked questions below. If you do not find an answer to your question, we encourage you to fill out our feedback form.

Read Our FAQ

Maximizing Efficiency and Effectiveness

P2P Initiative Team Members

The P2P effort will be governed, guided and managed by three groups: an Executive Steering Committee, a Project Steering Committee and a Project Team.

Meet the Teams

P2P Initiative Project Lead and Key Contact

Name

Contact

Carol Kirchner

Associate Vice President and Director of Budget and Financial Administration
Carol Kirchner
11,000

suppliers across the NU system

100,000

purchase orders issued annually across the NU system

600,000

invoices paid annually across the NU system

COOKIE USAGE:

The University of Nebraska uses cookies to give you the best online experience. By clicking "I Agree" and/or continuing to use this website without adjusting your browser settings, you accept the use of cookies.

PRIVACY SETTINGS