IPEX · P2P — Procure-to-Pay

Every dollar of indirect spend, fully controlled end to end.

P2P is the strategic IPEX transformation — a comprehensive, managed flow from requisition to payment. Approval workflows, three-way match, and a complete audit trail give you control and compliance across all of your indirect spend.

Most clients reach P2P by expanding from MAP — the same exchange, extended into full procure-to-pay.
The problem it removes

Comprehensive isn't slow — it's strategic.

P2P is more complete than a quick catalog because it governs the whole lifecycle. That breadth is exactly what eliminates the leakage, exceptions, and audit gaps that pile up across indirect spend.

Broken control chain

Requisition, PO, receipt, and invoice live in different places — so nothing reconciles cleanly and exceptions slip through.

Audit gaps

When approvals happen over email, there's no defensible trail — a problem the moment finance or auditors ask.

Invoice leakage

Manual matching means overpayments, duplicate invoices, and missed terms — quietly, at scale.

How it works

Requisition → PO → receipt → 3-way match → pay.

One controlled flow, operated by our team, with every step recorded.

Requisition
Guided intake
PO
Routed approvals
Receipt
Confirmed
3-way match
Auto-reconciled
Pay
On-time
1

Controls in the flow

Policy, thresholds, and approvals are enforced as the work happens — not reviewed after the fact.

2

Automatic 3-way match

PO, receipt, and invoice reconcile on their own; only true exceptions reach a human — ours.

3

Complete audit trail

Every action is timestamped and attributable — defensible for finance, audit, and compliance.

What you get

Strategic depth, fully managed.

End-to-end control

One governed flow from intake to payment across all indirect spend.

Audit & compliance

A complete, defensible record for finance, audit, and regulators.

Invoice integrity

Three-way match stops overpayments, duplicates, and missed terms.

Full visibility

Live spend, savings, and cycle-time analytics across every category.

Where it fits

Integrates deeply with your ERP.

P2P runs on IPEX and integrates with your ERP (e.g. SAP Ariba), punch-out catalogs, and supplier networks — extending governance across the full lifecycle without replacing your systems of record.

  • Deep ERP integration — SAP Ariba, Oracle, and more
  • Approval workflows mapped to your policy
  • Automated three-way match & exceptions
  • Live feeds to your analytics & QBRs
Your buyers & approvers
RequisitionApproveReceive
P2P on IPEX (operated by Versatex)
Workflow3-way matchAudit trail
Your systems of record
ERP / AribaSupplier networkAnalytics
Three-way match closes the invoice leakage most teams write off for years — P2P gives finance an audit trail they can actually defend.
VXVersatexOn the managed P2P model
Complete
Requisition to payment, one flow
Matched
Automated three-way match
Auditable
Complete trail on every dollar
Faster
Cycle times down, exceptions surfaced

Ready for the strategic transformation?

See P2P modeled on your indirect spend — or sign in to launch IPEX operations in the connected app.