PROCURA - Purchase to Pay
Until recently, purchasing and payment were considered simple, transactional functions. In some instances, the sourcing component (i.e negotiating with suppliers) was mildly strategic. Organisations saw procurement and payment as necessary but non-revenue generating operations. Recently, this thought process has significantly changed with new technologies such as eProcurement, contract management, automated invoice processing and approval ushering a new era for purchasing and payment.
Features
- » The ability to introduce comprehensive visibility to understand purchasing and supplier performance
- » The ability to influence a greater proportion of spending decisions before they occur
- » Improved process efficiencies with paperwork driven out of the procurement process
- » Automatically confirm linked purchase orders, purchase invoices and goods receipt notes are correct
- » Approve invoices efficiently through a web based automated invoice approval process
- » Inform suppliers that invoices are being queried and allow them secure access to assist in the resolution of the invoice
English
Supported Technologies
ASP Hosted
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Pricing
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info@image-integrators.co.uk
01743 284080
Additional Product Information
Image Integrators PROCURA purchase to pay invoice processing solution delivers on this promise with a modular framework that allows organisations to CREATE Purchase Orders and ensure that the creation is based on purchasing from the best suppliers - offering the most favourable or strategically advantageous terms.
COLLECT the information from the Goods Receipt Note (GRN) and paper invoice when the goods or services have been received, with both documents being stored in a secure, web based document management system for rapid retrieval.
CONFIRM automatically that the Purchase Order, Goods Receipt Note (if one exists) and Purchase Invoice match. If they do not match, PROCURA Approval provides a fully automated, web based invoice approval system for the efficient, audited approval of invoices.
CONNECT the approved invoice to the finance or ERP system by posting it for payment.