Many companies are automating the procure-to-pay process using:
A)Blockchain.
B)Robotic process automation (RPA).
C)IoT.
D)Collaborative planning,forecasting,and replenishment.

Question

Quizplus · Accepted Answer

Robotic process automation (RPA) is the best choice for automating the procure-to-pay process. RPA can automate repetitive tasks such as data entry, invoicing, and purchase orders, resulting in faster processing time, improved accuracy, and cost savings. Blockchain and IoT can be used in the supply chain to improve transparency and tracking, but they are not specifically designed for automating the procure-to-pay process. Collaborative planning, forecasting, and replenishment involves collaboration between trading partners to optimize the supply chain, but it does not necessarily involve automation.

Many Companies Are Automating the Procure-To-Pay Process Using