After payroll, the biggest source of cost in almost all organisations is the procurement of the expense items, outside services and capital items needed to support your organisation's operations - the items that represent the “cost of doing business”. Employees need the ability to buy what the business requires - without delay. But the organisation also needs to ensure purchases are properly authorised before they take place.
You can now gain visibility and control of your corporate expenditure. Replace manual purchasing methods with online tools. Enable rule-based workflow to automate the approval routing based on established financial and organisational criteria. Convert approved requisitions to orders and deliver them automatically to suppliers in the preferred format. Receipt goods and services and collect coding information online. Automate the entire invoice registration, validation, matching and payment approval process. Purchasing becomes ultra-simple for everyone, with each transaction authorised and recorded accurately. The invoice management process becomes highly streamlined and automated.