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From Catalog Management to Invoice Monitoring

 
Accelerate Procure to Pay Solution gives you all means to put your spend under control. From creating your products and services catalogs to managing incoming invoices from your vendors, simplify and automate each step of the digital procurement process.

Every procurement organization aims at having the most accurate view on the global spending of the company. Unfortunately, the procurement view is generally incomplete due to a lack of internal process and control on purchases made within the company. The variety of purchasing categories, the large number of requesters, the size of the organization, and the complexity of internal rules and workflows are some reasons that make the spending even more complex to consolidate.

In addition to giving more visibility to procurement and finance departments, limiting the maverick spending is also a real opportunity for increased savings and improved contract compliance within the company: that’s why implementing global procurement processes and rules to get a higher spend coverage has become a key target for the most performing procurement departments. Synertrade provides increased efficiencies in the procure to pay process.

Key Benefits

 

procure to pay, procurement management

Significant time saving on the entire ordering process
procurement solutions

Reduce maverick spending
spend analysis

Procurement process standardization
procurement software

Improve spend transparency
procure to pay

New savings opportunities

Some Features of Synertrade Procure to Pay Solution

  • Create your internal “Amazon-like” webshop by broadcasting catalogs imported by your suppliers or by giving access to vendors’ online catalogs (punch-out catalogs)
  • Collect, process, and approve purchase requisitions from anyone in your company based on web catalogs or easy-to-use free forms
  • Create and follow purchase orders in close collaboration with the internal requesters and your vendors
  • Manage goods delivery, check invoices, and proceed with payment
  • Check contract compliance, follow budget consumption, analyse payments, monitor global spending, and much more thanks to the advanced BI reports
procure to pay softwareAn Amazon-like webshop to ensure user adoption

purchasing intelligenceAn easy-to-use free form for any kind of purchase request

procurement management systemNew collaboration capabilities between suppliers and clients

global procurement softwareAdvanced invoice tracking and monitoring capabilities