Procure to Pay (P2P) is a streamlined and integrated process within an organization that encompasses all stages of acquiring goods and services, from procurement and purchasing to payment and reconciliation. P2P involves everything from identifying the need for goods or services, supplier selection, and purchase order creation to receiving, invoicing, and payment processing. This end-to-end approach helps organizations manage their spending more efficiently, reduce costs, and ensure compliance. P2P systems often involve software solutions to automate and optimize the entire process, leading to enhanced transparency and control in procurement and financial operations.