Improve procure to pay cycle times and reduce discrepancies between orders and invoices
With i2B you can establish a cloud based SaaS digital purchase to pay process for all your goods and services
Issues In The Procure To Pay Cycle
How many times have been you asked from your vendor to change a delivery date, to check the status of an invoice , when payment will be received, or if the goods have been receipted? Do you know how much time is wasted manually chasing, sorting and categorising paperwork in the procure to pay cycle?
These daily issues start to build-up snowballing into chaos and firefighting at the end of the month. Your credibility is affected because you are unable to give accurate information to key stakeholders, and your inability to stay on schedule disrupts their schedule.
The problems in the cycle have a knock on effect within the entire business, the time spent chasing vendor queries from buyers should be spent negotiating better prices and contracts with your vendors.
Digitise, Automate & Optimise The Procure To Pay Cycle
The adoption of technology greatly streamlines the procure to pay cycle. From chasing vendors for you and automating purchase orders when thresholds are reached, to making real-time data driven decisions and notifying the appropriate person to keep the cycle moving.
It is vital that you know where purchase orders are in the procure to pay cycle, what needs to be done at your end, and what vendors are up to.
Eliminate or reduce manual bottlenecks such as administrative data entry, chasing suppliers by phone, fax or email; or reminding appropriate personnel their approval is required.
Streamline manual labour and response times in the procure to pay process and achieve a speedier and more efficient e-procurement cycle.
Trusted By Major Brands Since 1999
We warmly welcome Aggreko to our family as we jointly roll out i2B globally
Unbeatable Value : We Charge Per Site Only, With Full Access To All Features
We’ve been serving multi-billion pound enterprises since 1999, and we’ve seen young upstarts come and go. We have no outside investors pushing us to maximise their investment. Where the competition typically charges per user with restrictions on access to various benefits, we charge per site.