P2P is based on standard Oracle Commercial Off The Shelf (COTS) software. The system is based on standard commercial practices, which will allow the MOD to trade electronically with its suppliers via the Defence Electronic Commerce Service (DECS). Key features of P2P include:
- Electronic ordering, receipting and invoicing
- Automated matching of order, receipt and invoice (3-way match)
- Interfaces with MOD financial systems
- Interfaces with MOD inventory systems
- Significantly improved management information
P2P is an MOD-wide system that enables electronic purchasing to take place. Benefits to the MOD and industry alike include a reduction in the current large amounts of paperwork, a decrease in the purchasing cycle timescale through increasing automation of the process, and improved certainty of cash flow.
