Introduction of the three most critical process in the Finance & Accounting (F&A)- P2P, O2C & R2R

Introduction of the three most critical process in the Finance & Accounting (F&A) – Procure-to-Pay (P2P), Order-to-Cash (O2C), and Record-to-Report (R2R)
Operational processes have become the secret weapon and ultimate supplement to speeding up your organization’s growth timeline. Making sure your organization is collecting the right data, working with the right vendors, and ensuring proper compliance standards in your accounting processes is integral to pressing forward.
Knowing the difference between the three most popular operational processes, then, is essential to understanding the processes your organization needs to make more efficient. Here, we’ve provided a quick run-down of what each process entails, the steps related to them, and identified why they’re important.
Whether you’re new to the financial operations space or just needed a little refresher, here are the different but critical processes that we know as P2P, R2R, and Q2C#AccountsGurukul#

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