{"id":32626,"date":"2023-04-13T14:00:48","date_gmt":"2023-04-13T14:00:48","guid":{"rendered":"https:\/\/www.ntsplhosting.com\/blog\/?p=32626"},"modified":"2023-04-13T14:03:49","modified_gmt":"2023-04-13T14:03:49","slug":"accelerate-procure-to-pay-insights-with-google-cloud-cortex-framework","status":"publish","type":"post","link":"https:\/\/www.ntsplhosting.com\/blog\/accelerate-procure-to-pay-insights-with-google-cloud-cortex-framework\/","title":{"rendered":"Accelerate Procure-to-Pay insights with Google Cloud Cortex Framework"},"content":{"rendered":"
\n
\n

Enterprises running SAP for procurement and accounts payable are always looking to create greater efficiencies by combining these data sets to monitor vendor performance for quality and reliability, analyze global spend across the organization and optimize the use of working capital to make timely vendor payments that earn the highest discounts.<\/p>\n

But in today\u2019s inflationary environment, the need to analyze data from procure-to-pay processes is more important than ever as rising prices threaten to reduce purchasing power and erode real income. Many of these enterprises are looking for accelerated ways to link their enterprise procure-to-pay data with surrounding non-SAP data sets and sources to gain more meaningful insights and business outcomes. Getting there faster, given the complexity and scale of managing and tying this data together, can be an expensive and challenging proposition.<\/p>\n<\/div>\n<\/div>\n

\n
\n
\n
\"1<\/figure>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n

To embark on this journey, many companies choose Google\u2019s Data Cloud<\/a> to integrate, accelerate and augment business insights through a cloud-first data platform approach with BigQuery<\/a> to power data-driven innovation at scale. Next, they take advantage of best practices and accelerator content delivered with Google Cloud Cortex Framework<\/a> to establish an open, scalable data foundation that can enable connected insights across a variety of use cases. Today, we are excited to announce the next offering of accelerators available that expand Cortex Data Foundation<\/a> to include new packaged analytics solution templates and content for procure-to-pay processes.<\/p>\n

Introducing new analytics content for procure-to-pay<\/h3>\n

Release 4.2 of Google Cloud Cortex Framework includes new data marts, semantic views and template Looker dashboards to support operational analytics on three procure-to-pay topics and the relevant metrics for each.<\/p>\n

Leverage the metrics delivered in our new Accounts Payable<\/b> content to identify potential issues and areas for optimization with respect to short-term obligations to creditors and suppliers which have not yet been paid:<\/p>\n