Quickly find needed goods and services from approved catalogs with consumer-like UI on any device.
Automatically route approval based on predefined business rules including thresholds, reporting hierarchies, and purchasing categories. Review and approve requisitions on any device. Enforce separation of duties (SoD) rules and monitor violations.
Automate purchase order creation for approved supplier based on negotiated pricing and contract terms.
Automatically route approval according to predefined business rules.
Automatically deliver approved purchase orders via secure electronic channels or supplier portal.
Record goods received or approve invoices for services rendered to trigger automated matching in Payables.
Receive supplier invoices over electronic channels or supplier portal. Leverage machine learning to recognize scanned or printed format. Automate invoice approval based on predefined business rules. Handle exceptions and manual approval on any device.
Optimize payment timing and discounts based on business goals. Process electronic payments, automated pay runs, or off-cycle payments.
Opportunities exist to review every process, procedure, policy, dashboard, report, and make improvements to leverage the enablers we’ve mentioned.