EU Headquarter
Mind The Value srl Via B. Crespi, 14 20159 Milano MI, Italy CF / P.IVA 07514630966
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Mind The Value USA Corp. 309 Vine St - Suite 807 Cincinnati - OH 45202 – 3652 USA
Apac
Mind The Value ANZ Pty Ltd North Tower - Suite 3 - L8 1-5 Railway St - Chatswood 2067, NSW Sydney Australia
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Mind The Value Tech Labs srl Str. Tighina, 49/3 | of. 34 Chișinău | MD-2001 Moldova
Croatia
Mind The Value Adria d.o.o. Rijeka (Grad Rijeka) Strossmayerova, 16 Croatia
Get in touch with us SELECT YOUR FIELD
The right opportunity to optimize your procurement flow.
In today’s digital business environment, Procure-to-Pay (PTP) activities offer a great opportunity to exploit the benefits of digital transformation. The high level of interaction between different stakeholders and the high volume of information that needs to be exchanged throughout the process make the PTP flow an ideal candidate for automation and digitalization initiatives. MTV Procure to Pay Business Unit guides organizations in the automation process of their PTP flow, helping them to redesign core activities and to adopt the right digital tool to enhance the entire process.
We can help you achieve amazing things
The Procure to Pay Business Unit supports our clients to perform in-depth analysis to spot improvement areas, favoring process re-engineering and optimization. We help companies to implement tools that promote innovation adoption and reduce to a minimum the risk of potential errors. MTV Teams support our customers to identify best practices to be adopted across the organization’s procurement chain and provide organizations with the right tool to gain a full overview of their procurement flow.
Process Map
Achieve your Procurement flow’s full potential: we will guide you through accurate business process analysis and the definition of custom-based solutions.
Process
Procure-to-pay process consists in the coordinated and integrated set of actions taken to fulfill a requirement for goods or services in a timely manner at a reasonable price.
HOW WE DO IT
We provide analysis and solutions to optimize the entire Procurement flow, focusing on the activities related to the source for goods and the purchase requisition, the effective purchase and the reception of the order and, lastly, the creation of the supplier invoice and accounts payable.
VENDOR MANAGEMENT
An effective vendor management process ensures timely identification of and communication with vendors, allowing them to determine their capability, commitment level and strategic alignment with the company.
CONTRACT MANAGEMENT
Contract management is a business process that ensures that the contract is properly managed through its lifecycle, from their inception to their execution by the chosen party and, finally, to their termination.
PROCUREMENT GOVERNANCE
Procurement governance defines how organizations make purchasing and supply management decisions, plan for the future, and get the most out of their existing resources.
INCOMING QUALITY
The incoming quality system is a well-planned and developed procedure which aims to assure the incoming quality of raw materials, subassemblies and parts received by the supplier.
Achieve your Procurement flow’s full potential: we will guide you through accurate business process analysis and the definition of custom-based solutions.
Offerings
We approach the business challenges leveraging innovation as a competitive advantage to help achieve the results, along with the right processes, the right technology and with the right strategy behind it. We know that every company is unique, and we work as partners with our clients to identify the solution that is best suited for their requirements.
Success Story
PTP Flow Optimization
Discover how a leading company in the manufacturing industry optimized the PTP flow thanks to a business process analysis followed by a custom solution based on automation. By analyzing invoices, it is possible to check vendors’ late and early payments, how they are distributed in time and how vendors are strategically managed. Furthermore, analyzing orders allows having a clearer vision of resource allocation, vendors, and amounts.