02 Procure to Pay
Procurement involves a lot of moving parts - and it's easy to lose sight of the bigger picture.
Purchasing is about the availability, not only cost/spend.
The Procure-to-Pay process (P2P) spans from the point where a purchase order, or other demand signal, is submitted to a supplier for fulfillment, to the eventual receipt, verification and put away (of the product) to payment for goods or services received.
P2P application in GetSet IBMS helps you to reduce operating costs while at the same time achieving end-to-end process visibility and control.
GetSet IBMS provides a complete audit trail behind every purchase anticipating the question “who agreed to that?”
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The GetSet IBMS allows receiving items which are approved in the purchased order and that to the extent of quantity specified in the approved purchase order.
Track payables by entering purchase invoices as they arrive from suppliers and pay them from the payment batch as they are due. This provides an accurate outstanding of payables at any given point of time.
Purchase Invoice creation from Goods Receipt or Work Order.