Securely compliant.
Automated and integrated.
Collaborative and user-friendly.
Enabling automated workflows to reduce administrative workload for procurement and finance teams and your buyers across the organisation.
About the module
Panacea Software’s Purchase to Pay (P2P) module streamlines the entire purchasing cycle, from raising a requisition to invoice matching all within one compliant and auditable system.
It can be introduced independently as a standalone solution to specifically support the purchasing process, however it is often combined with Panacea’s Sourcing module to seamlessly create a complete ‘Source to Pay’ solution. When used together, supplier and contract data feed directly into P2P, giving organisations a single, integrated platform from market engagement right through to payment.
Centralised purchasing
Organisations often experience fragmented systems, uncontrolled off-contract spend, and complex compliance requirements. These challenges reduce visibility, increase risk and make it harder to meet governance and PA23 obligations.
Panacea Software’s P2P module addresses these issues by:
- Centralising all purchasing activity
- Enforcing compliance and enabling full oversight of spend across all suppliers, categories and contracts
- Providing intuitive catalogue-based requisitioning, approval and budget checking workflows, delivery confirmation, receipting, invoicing with real-time visibility of spend.
Intuitively designed
It is specially designed as an intuitive solution, especially when integrated with Panacea’s Sourcing module to operate as a complete ‘Source to Pay’ process. This enables better engagement, supplier onboarding and awarding contracts providing:
- Built-in compliance that easily applies automated organisational rules, delegated authority and financial controls
- Control for off-contract expenditure to ensure it is visible, trackable, and controllable. Spend can then be analysed and aggregated, enabling smarter sourcing decisions and better long-term contract management
- Real-time visibility of expenditure with dashboards and reporting tools that provide clear oversight of spend, commitments, supplier performance and compliance
- A user-friendly supplier portal supporting SME inclusion, reducing any of the common barriers experienced by local suppliers
- Significant efficiency gains through automated workflows and checks. This reduces administrative workload for procurement and finance teams and your buyers across the organisation.
Results, quantified.
%
Increase in customer satisfaction ratings
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Customer Testimonials
“From the outset the team helped to make a complex project feel seamless. We were impressed with their ability to collaborate with us while taking the time to understand our challenges and priorities as a result we met all our objectives and milestones. They exceeded our expectations.”
Stephen Adamson
Implementation Lead, Lincolnshire Council
"Before using Purchase to Pay our processes were manual, complex and lacked transparency Panacea Software centralised and streamlined control and accountability enabling clearer visibility, improving oversight and confidence in the process."
Alison Inyang
Transaction Team Leader, Hexagon Housing Association
“My overall impression is one of total professionalism in combining a procurement portal that delivers both value for money in the public sector and fully encompasses our specific procurement needs.”
Mark Jenkinson
Procurement Lead Gentoo
“Panacea’s software is easy to navigate and simplifies many administrative tasks that were cumbersome and time-consuming in our old system.”
Jamie Thomas
Commercial Manager, NS&I
“We received a 92% approval rating and significantly reduced costs – Panacea facilitated even better value for money for our clients. Working with their skilled and professional team has been a great experience.”
Karen Johnston
Consultation and Communications Manager, Bolton Council
“Our creative services team generated £130k of new revenue and received a high approval rating after using Panacea software. They helped us to meet budget challenges head on, thanks to the automation, management information and cost savings.”
Ros Daniel
Creative Services Manager, Camden Council
“Panacea Software allows us to make informed decisions, frees up our time to plan marketing activity proactively and enabled us to cut the prices we pay for our services by 55-70% saving £2.1m.”
Lesley Gordon
Head of Marketing, Haringey Council
”We are always looking to improve our reputation and to save time and money for the council. Panacea Software is flexible and is constantly developing and providing us with new opportunities to support these aims.”
John Hoang
Marketing Communications Manager, Tower Hamlets Council
Case studies
Modernised procurement for stronger governance and engagement
Lincolnshire County Council (Local Government)
2 min read
Centralised processes enabled confident purchasing
Hexagon Housing Association
2 min read
Transformative Sourcing drives operational excellence
Gentoo Group
5 min read
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If you’d like to explore how this could work for your organisation
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