Avoid errors. Benefit from streamlined and fast processes.
The entire Purchase-to-Pay process is often extensive and complex: Multi-stage release process, paper-based invoices and the cooperation of numerous departments make the process error-prone. Errors quickly incur costs and give business partners an unprofessional impression. Yet, errors cannot only be avoided: the entire process can be make faster and more efficient.
With our modern Purchase-to-Pay solutions you benefit from:
- More transparency, who did what and when.
- Accelerated processes from purchase to payment.
- More efficiency through automated invoice testing in and validation.
We always base our solutions on modern cloud applications which are conceived, developed and operated by io-market. All applications are flexible and work independently of your IT infrastructure. Even if you decide to migrate or expand your technology. All io-market solutions are modular and adapt to your needs as you grow.
A standard Purchase-to-Pay process includes purchase requisition, ordering, order confirmation, shipping notification, delivery note and delivery, as well as the invoice and its payment. These steps are often accompanied by several test process, release processes and documents which influence efficient processing.