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[Music] continuing with the example shed let us discuss how the purchasing process works in a big organization now every organization has requirements of buying goods and services for internal usage the whole system by which an organization decides what to purchase who to purchase it from and finally how to pay the party from whom the goods are purchased is known as P - P P K P stands for procure to pay the dictionary meaning of procure is to obtain something or to get something hence we can understand procure to pay as a process which commences when an organization has a need to buy something and ends once the payment has been made for it the p2p process takes place in various steps however for ease of understanding let us generalize it into a ten step props as you yourself in a big corporate organization like ABC if you need to buy the same laptop you just cant order it yourself we have to first raise a request of the product you want with its description and the quantity required
