P2P
From ACT Wiki
1.
Purchase-to-Pay
2.
Peer-to-peer
Purchase-to-Pay cycle
The purchase-to-pay cycle is about the trade finance cycle between an organisation and its suppliers.
The primary concerns of the purchasing organisation are normally with:
- Mitigating delivery risk
- Extending the payment cycle as far as commercially reasonable.
Peer-to-peer lending
Direct lending and borrowing between non-financial businesses, contrasted with traditional bank-based lending.
Some commentators predict there will be substantial losses on peer-to-peer lending, following inadequate due diligence.