ERP Procure to Pay Workflow
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Transcript of ERP Procure to Pay Workflow
![Page 1: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/1.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
ERP - Procure to Pay (Workflow)
![Page 2: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/2.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
SODTECH ERP
Procure to Pay - Workflow
Vendor Mgmt & Selection
Purchase Order
Goods Receipts
Purchase Invoice
Replenish Reports & Requisition Worksheet
Vendor payment
Complete Management
Visibility
Accounts updated
• Accurate forecasting/ lead-time calculation
• Item Substitution & Drop shipment
• Best match vendor selection• Complete purchase history
• Better control through approval process
• Automated data processing – for goods receipt
• Support for multiple currencies• Extra charge invoicing & assigning to
items
• Vendor ageing report
• Updation of all general ledger accounts• Product Group/country wise purchase
details
![Page 3: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/3.jpg)
04/13/2023
RFQ Screen
![Page 4: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/4.jpg)
04/13/2023
Replenish Report
![Page 5: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/5.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
SODTECH ERP
Procure to Pay - Workflow
Vendor Mgmt & Selection
Purchase Order
Goods Receipts
Purchase Invoice
Replenish Reports & Requisition Worksheet
Vendor payment
Complete Management
Visibility
Accounts updated
• Accurate forecasting/ lead-time calculation
• Item Substitution & Drop shipment
• Best match vendor selection• Complete purchase history
• Better control through approval process
• Automated data processing – for goods receipt
• Support for multiple currencies• Extra charge invoicing & assigning to
items
• Vendor ageing report
• Updation of all general ledger accounts• Product Group/country wise purchase
details
![Page 6: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/6.jpg)
04/13/2023
Open Requisitions
![Page 7: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/7.jpg)
04/13/2023
Business Partner Setup
![Page 8: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/8.jpg)
04/13/2023
Business Partners
![Page 9: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/9.jpg)
04/13/2023
Product Setup
![Page 10: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/10.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
SODTECH ERP
Procure to Pay - Workflow
Vendor Mgmt & Selection
Purchase Order
Goods Receipts
Purchase Invoice
Replenish Reports & Requisition Worksheet
Vendor payment
Complete Management
Visibility
Accounts updated
• Accurate forecasting/ lead-time calculation
• Item Substitution & Drop shipment
• Best match vendor selection• Complete purchase history
• Better control through approval process
• Automated data processing – for goods receipt
• Support for multiple currencies• Extra charge invoicing & assigning to
items
• Vendor ageing report
• Updation of all general ledger accounts• Product Group/country wise purchase
details
![Page 11: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/11.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
Procure to Pay - Workflow
SODTECH ERP
Vendor Mgmt & Selection
Purchase Order
Goods Receipts
Purchase Invoice
Replenish Reports & Requisition Worksheet
Vendor payment
Complete Management
Visibility
Accounts updated
• Accurate forecasting/ lead-time calculation
• Item Substitution & Drop shipment
• Best match vendor selection• Complete purchase history
• Support for multiple currencies• Extra charge invoicing & assigning to
items
• Vendor ageing report
• Updation of all general ledger accounts• Product Group/country wise purchase
details
• Automated data processing – for goods receipt
• Better control through approval process
![Page 12: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/12.jpg)
04/13/2023
Material Receipt
![Page 13: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/13.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
Procure to Pay - Workflow
SODTECH ERP
Vendor Mgmt & Selection
Purchase Order
Goods Receipts
Purchase Invoice
Replenish Reports & Requisition Worksheet
Vendor payment
Complete Management
Visibility
Accounts updated
• Accurate forecasting/ lead-time calculation
• Item Substitution & Drop shipment
• Best match vendor selection• Complete purchase history
• Better control through approval process
• Automated data processing – for goods receipt
• Support for multiple currencies• Extra charge invoicing & assigning to
items
• Vendor ageing report
• Updation of all general ledger accounts• Product Group/country wise purchase
details
![Page 14: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/14.jpg)
04/13/2023
Invoice (Vendor)
![Page 15: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/15.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
Procure to Pay - Workflow
SODTECH ERP
Vendor Mgmt & Selection
Purchase Order
Goods Receipts
Purchase Invoice
Replenish Reports & Requisition Worksheet
Vendor payment
Complete Management
Visibility
Accounts updated
• Accurate forecasting/ lead-time calculation
• Item Substitution & Drop shipment
• Best match vendor selection• Complete purchase history
• Better control through approval process
• Automated data processing – for goods receipt
• Support for multiple currencies• Extra charge invoicing & assigning to
items
• Vendor ageing report
• Updation of all general ledger accounts• Product Group/country wise purchase
details
![Page 16: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/16.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
Procure to Pay - Workflow
SODTECH ERP
Vendor Mgmt & Selection
Purchase Order
Goods Receipts
Purchase Invoice
Replenish Reports & Requisition Worksheet
Vendor payment
Complete Management
Visibility
Accounts updated
• Accurate forecasting/ lead-time calculation
• Item Substitution & Drop shipment
• Best match vendor selection• Complete purchase history
• Better control through approval process
• Automated data processing – for goods receipt
• Support for multiple currencies• Extra charge invoicing & assigning to
items
• Vendor ageing report
• Updation of all general ledger accounts• Product Group/country wise purchase
details
![Page 17: ERP Procure to Pay Workflow](https://reader033.fdocuments.in/reader033/viewer/2022052600/557cf3d8d8b42a071b8b468c/html5/thumbnails/17.jpg)
04/13/2023©SOD Technologies Pvt Ltd.Confidential
SODTECH ERP
Procure to Pay – Business Benefits
Lowered Enhanced
• Communication gaps
• Silos of information
• Time to take decisions
• Inaccuracy of Material Planning
• Visibility & transparency across the entire value chain
• Collaboration between teams
• Efficiency
• Reporting and metrics
• Inventory Control