The official business definition of P2P Process In Accounts Payable is a term used to describe the process of procurement to payment. The process is completed by the accounts payable department and involves the purchase, receipt, and payment of goods and services. It begins when a request is made for a good or service, and ends with the payment for the same. During the process, the accounts payable department will determine the price of the item, choose a supplier, communicate with the supplier, receive the goods or services, and then make payments to the supplier. The process also involves the reconciliation of any discrepancies between the invoice and the goods or services received. Finally, the accounts payable department will ensure that all payments are made in a timely manner and that the supplier is paid properly. P2P Process In Accounts Payable is a critical component of any business, as it ensures that the company is able