What type of transactional data can be exchanged between Ariba P2P and an ERP system?

The exchange of transactional data between Ariba P2P (Procure-to-Pay) and an ERP (Enterprise Resource Planning) system primarily involves key financial and procurement-related documents that support the purchase and payment processes. Remittance advice is a crucial piece of transactional data that provides detailed information about the payments made to suppliers. It typically includes references to invoices and payment amounts, helping both the buying organization and the supplier reconcile accounts efficiently. This data is essential for ensuring clarity and accuracy in financial transactions.

Shipping labels, inventory levels, and customer feedback, while important in different contexts, do not specifically represent transactional data related to the purchasing and payment processes as closely as remittance advice does. Shipping labels pertain to the logistics side of supply chain management; inventory levels are more relevant to stock management rather than procurement transactions; and customer feedback usually relates to post-purchase evaluations or experiences. Thus, remittance advice stands out as the correct answer due to its direct relevance to financial transactions and the integration between Ariba P2P and ERP systems.