Workflow – Purchase to Pay Cycle in Odoo Explained
The Purchase to Pay (P2P) cycle is a core business process in procurement, and with Odoo ERP Software Development, it becomes streamlined, transparent, and fully automated. This workflow begins with the creation of a purchase requisition or request for quotation (RFQ), followed by vendor selection, purchase order issuance, goods receipt, and finally invoice processing and payment.
In Odoo, each stage of the P2P cycle is tightly integrated across modules like Purchase, Inventory, and Accounting. For instance, once a PO is confirmed, the system automatically triggers inventory updates and accounting entries. This ensures real-time visibility, reduced manual errors, and improved vendor relationships.
Using custom Odoo ERP Software Development, businesses can tailor approval hierarchies, automate invoice matching, and enforce procurement policies—making the P2P process more efficient and aligned with organizational goals.