What does procure-to-pay software do

In today's competitive market, purchasing decisions are not made in a vacuum. The purchasing team is constantly involved in the purchasing process and must make sure that all purchasing actions are made in a timely manner and with full knowledge of what is happening throughout the process.

 

Procure-to-Pay software offers the tools and functionality needed to improve these organizational processes by:

 

Improving supplier quality decision making through real-time reporting of supplier performance on quality, delivery, cost to date, and other financial criteria;

Simplifying the procurement process by creating a single data source for all procurement activities. All information can be accessed at any time via one central system;

Enhancing efficiency by automating repetitive tasks;

Empowering more informed, timely purchasing decisions through automated notifications of supplier changes;

Automatically generating purchase orders and other forms of purchase documentation based upon accurate, complete information.

 

Having to manually verify purchase orders, price quotes, outlay and delivery dates can take up a lot of your time and money. You also need to keep track of invoices and bills.

 

With Procure-to-Pay software, all of that is taken care of for you – automatically. Simply enter product details, supplier information, prices and cost codes once and let the software do the rest.

 

Learn more about what TYASuite procurement automation software can do to streamline your procurement process.

 

Know more: www.tyasuite.com/procurement-software?utm_source=flickr&a...

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