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Spend Management Pick
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| Title
- Ariba Procure-to-Pay |
| Vendor
- Ariba |
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Short Description
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| The Ariba
Procure-to-Pay - Basic and Professional Packages deliver rapid
cost savings by restricting maverick buying and increasing the
efficiency of the entire procurement cycle. Each solution delivers
an intuitive, self-service purchasing process with a walk-up
user interface that drives rapid stakeholder adoption across
the organization. |
| Ariba
Procure Download |
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| - Ketera Invoice Management |
| Ketera Invoice Management
Description |
The lack of electronic invoice reconciliation in the order-to-pay process can negatively impact eprocurement efforts and cause supplier relationships to suffer. Paper invoices and associated reconciliation processes are responsible for extended settlement cycles that can delay payments to your suppliers, preventing you from capturing all possible discounts.
Without an opportunity for real-time collaboration, your suppliers dont learn about payment status until they receive a check in the mail. The delays and uncertainties that surround the entire order-to-pay process contribute to an excessive number of calls from suppliers into the A/P department; missed payment discount opportunities; lack of regulatory compliance; increased order processing cycle times and lack of complete visibility affect the ability of procurement organizations to manage cash flow efficiently.
By shifting from paper to an electronic payables process, organizations can reduce their financial settlement costs by more than 50% while greatly enhancing visibility and control for Sarbanes-Oxley compliance. With Keteras On Demand Invoice Management solution, companies receive complete services for managing invoices electronically thereby accelerating supplier payment to proactively capture early payment discount opportunities.
As a hosted, Web-based solution, Ketera Invoice Management is an integral part of the Ketera Spend Management suite, helping companies gain complete visibility and traceability into the entire order-to-pay workflow process to improve negotiation leverage via prompt payment; prevent overcharging and duplicate payments; filter out maverick spending; prevent regulatory backlash; and effectively manage cash flow.
Ketera also delivers compelling value to suppliers, including real-time transaction visibility, no transaction fees, and the opportunity to get paid faster. |
| - Ketera Invoice Management
Download |
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