Procensol Procure To Pay

Overview

Procensol’s Procure to Pay solution is digital procurement solution that enables an organisation to manage procurement or goods and services efficiently. The accelerator provides pre-configured modules that can also be adjusted to match an organisation's procurement processes.

Key Features & Functionality

Procensol Procure to Pay or P2P as we refer to it helps to solve those challenges by providing power to your team:

1. Power to you: The solution is completely flexible and customisable according to your business needs. You can tailor the solution to your business rather than your business to the solution
2. Power to your customer: Self-service portals for customers can be configured to manage their data, create new requests and track progress of existing requests. Customers can contact the team through the online sites and query resolution through chat-bots.
3. Power to your teams: Features such as inbuilt validations, auto-notifications and auto-approvals for given thresholds achieve faster results with reduced risks. Onboard suppliers, manage rate cards and products/ services, define supplier SLAs, create requests, negotiate, monitor purchase orders and manage invoicing and payments, all from one unified platform.
4. Power to your management: Real-time reports to display progress, pending approvals, and other workflow items. Configurable automatic triggers and alerts help minimizing risk of missing SLAs. Real time SLA tracking and reporting.
5. Power to scale: Possibility of configuring Intelligent automation for auto invoice processing, auto-response and chat-bots to address high volume business needs.