Become a Certified Procure to Pay Process Owner (CP2P)
From the Institute of Financial Operations and Leadership
Avg. Completion Time
Awarded by IFOL
Recognition and Respect
CP2P Is The Global Marker of Excellence for P2P Professionals
Stand out as a strategic Accounts Payable and P2P business partner with an expert understanding of the entire Procure to Pay process
Procure to pay is the process of requisitioning, purchasing, receiving, paying for and accounting for goods and services. It gets its name from the ordered sequence of procurement and financial processes, starting with the first steps of procuring a good or service to the final steps involved in paying for it.
The globally respected CP2P certification programme and online course dissects and examines each stage of the P2P process and enables participants to gain a thorough understanding of each stage.
“Lead the implementation, management and optimisation of the P2P cycle in any organisation”
The CP2P Certification Program from IFOL offers you both practical application and technical knowledge in the fast-growing field of Procure to Pay — an opportunity to both accelerate progress and demonstrate purpose.
In choosing to become a Certified P2P Process Owner, you are enhancing your professional credibility and becoming part of a global professional network.
The certification and learning materials were developed by leading P2P Process Owners for P2P Process Owners, and have been recognized by leading employers globally. The CP2P program is owned, administered, and awarded globally by the Institute of Financial Operations and Leadership.
3 Simple Steps
To Earn the CP2P Credential
Step 1: Course
Complete your chosen online CP2P course (Specialist or Process Owner) to build an advanced understanding of on P2P Operations, Processes, Best Practices and Improvement Measures. You can enroll online or click here to book an enrolment session with one of our trusted advisors.
Step 2: Exam Preparation
Use the CP2P mock exam practice questions, live and recorded classes to prepare for the final exam.
Step 3: The Exam
When you’ve completed the course you can take the exam at your convenience, online within the IFOL Academy. You must score 80% in order to pass the exam and be awarded the CP2P designation.
CP2P: Everything You Need To Know
2 Exams: Choose either Specialist or Process Owner Level
P2P Specialist Level
Covering: P2P Structure, Process and Payments
8% The Expenditure Cycle
22% Aligning Purchasing and Accounts Payable, Scoping The Requirement
21% P2P Structure, Transition and Change
15% Procurement Process, The Receiving Process
34% The Accounts Payable Function and Payment Types
P2P Process Owner Level
Covering: P2P Structure, Process, Payments, Compliance, Efficiency and Management
4% The Expenditure Cycle
11% Aligning Purchasing and Accounts Payable, Scoping The Requirement
10% P2P Structure, Transition and Change
7% Procurement Process, The Receiving Process
17% The Accounts Payable Function and Payment Types
5% Cash and Treasury Management
11% Supplier and Vendor Management
9% Compliance, Tax and Reporting Responsibilities
8%. Controls, Fraud Prevention and Risk Management
6% Automating P2P, Solutions and Application
4% P2P Optimisation
8% Leadership and Management of P2P
About CP2P Certification
Open to all
There are no prior experience or qualification entry requirements for CP2P
Open enrolment means you can start learning today
First time pass rate globally
Online study and exam at your fingertips and ready when you are
Up to 18 months
Total time allowed to complete study elements and pass the exam
Average completion time of the CP2P course and exam
Want to learn more about CP2P?
Who should enroll?
We encourage and welcome anyone to enroll in the CP2P Procure to Pay Certification Programme. You’ll find this program especially beneficial if you are responsible for part of or the full P2P process across an organization.