Purchase to Pay

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.
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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.
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Results, quantified.

%

Increase in customer satisfaction ratings

Our software solutions are results driven. We take the time to understand what’s most important to our customers, so we achieve high levels of satisfaction. Every software module offered, every customer interaction, the commitment of our team and innovative technology are all focused on finding the best results for whatever organisational challenge you face.

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Find out more

If you'd like to find out more about this module or have questions about our work, please complete the form and we will get back to. We’d love to connect with you to understand your requirements and support your success.

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Customer Testimonials

Case studies

Lincolnshire County Council (Local Government)

Modernised procurement for stronger governance and engagement

Lincolnshire County Council (Local Government)

2 min read

Hexagon Housing Association

Centralised processes enabled confident purchasing

Hexagon Housing Association

2 min read

Gentoo Group

Transformative Sourcing drives operational excellence

Gentoo Group

5 min read

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