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The Benefits of Procure-to-Pay

ivalua

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis. Case in Point.

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The Benefits of Procure-to-Pay

ivalua

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis. Case in Point.

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AP Automation Best Practice Guide

ivalua

Remove of overhead of payment queries with real-time Supplier updates. Line level multi-tax treatment and budget allocation templates that reduce effort. The AP journey starts even before the Supplier Invoice is received, and before the Supplier’s billing team generates the invoice, it begins with the Buyer’s Order.

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Transparency with Purpose – Public Sector Procurement

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Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. The public needs spend and supplier selection transparency. Why Ivalua for Public Sector?

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Release Your AP Team with Invoice-to-Pay

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Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation. A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments.

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Unique Problems Require Unique Solutions

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Enormous, complex, global enterprises use procurement technology to manage their spend, suppliers, contracts and bids every day without seeming to run into the same stumbling blocks as the public sector, which operates on a smaller and more localized basis.

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Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. For Amrest, it’s all about managing costs with budget and spend control acting as a key aspect of decision-making processes.

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