Paperless Purchasing
Full visibility of every purchase transaction
Compleat Purchase to Pay software fully automates the entire purchasing process, removing the paper and providing a single seamless paperless methodology where the exact value and status of every purchase is immediately visible to everyone that needs to know, contained in a single electronic document.
Compleat provides 100% visibility of the following process through a complete single electronic record of every purchasing transaction from creation to final approval:
- The creation of a request to buy (requisition)
- The formal purchase approval process with powerfully and fully automated workflow
- Real time budget checking at requisition generation and purchase order approval with automated approval escalation if required
- Automatic purchase order generation delivering full commitment accounting
- Optional receipting of goods and services (with automated reversing accruals)
- Purchase invoice capture with automated matching to PO and receipting
- Electronic approval plus automatic posting to the ledgers
Consider the productivity gains for everyone involved, the benefits of commitment accounting for management accounts and cashflow forecasting, the removal of over budget spending and the accuracy of every purchase invoice through the approvals process.
The Compleat Buyers Group then adds the opportunity to make real cash savings on a significant proportion of what is being purchased.