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So what are the benefits?
Forget clunky, linear workflows. Say hello to a whole toolbox of approval processes. Single, multistep, approval groups, all with automated reminders. Approval can be given from any connected device, so you really can approve on the move & keep the wheels turning full speed.
The real-time view of commitments & accruals also enables faster month-end closes, speeding up the delivery of monthly management reports. Enable your budget holders to significantly expand their financial management skills, improve their financial planning to ensure they maximize the value of all their corporate spend.
Remove all paper from the entire purchasing process at the outset. This solution delivers the real-time status of every transaction (including payment status) & budget availability to everyone who needs to know, to put the entire business on the same page (but not a literal page, of course…).
Purchase-to-Pay delivers total real-time oversight of every planned & committed purchase in play to everyone who needs to know & fully automates the capture of the invoice undertaking a “2-way” and “3-way” match without user intervention.
A real-time view combined with effective purchase to pay processes can also enhance vendor relationships. Problems due to human error – such as payment delays – are eradicated. The right purchase automation solution will improve the experience for everyone involved in the finance and purchase process.
Automate each part of the purchase-to-pay process by replacing manual processes with cutting-edge approval automation, simple online buying & integration into the industry’s leading ERPs. This makes it even easier for your buyers to purchase what they need online while controlling vendors & saving money on what you already buy. These simple & affordable tools are easy to use whilst requiring minimal setup, meaning you can be live in less than 1 day!
Review your spend over time, allowing for better future decision-making. We provide a monthly or yearly breakdown of all spending by supplier/department/geographical location etc. Using real-time & historical data enables you to gain better control over cash flow & capital.