After more than 10 years working in sourcing, procurement, supplier relationship management, accounts payable and reconciliations, both on the finance and the IT side, I have swung around in favour of HR as the preferred model for P2P.
The HR department (typically) doesn't want to manage your staff: their role is to facilitate your management of your staff.
They do this by providing the systems for recruiting, on-boarding, payment, development and termination of staff.
HR professionals, to emphasise the role they play in maximising the return from an organisation's investment in their people, have started calling themselves Human Capital Management.
Along the same vein, P2P professionals should view themselves as Contract Capital Management.
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