
Most Common Procure-to-Pay Challenges in Your Procurement Process
Across industries, procurement has become one of the most complex business functions, an enabler of operational efficiency and also a prime target for cost reduction
With ready integrations to the ERP systems already in use, Induzbuy allows for seamless transactions, reconciliation, and enhanced control over supply chain workflows. Both procure-to-pay (from a buyer perspective) and order-to-cash (from a supplier perspective) flows are interwoven in the Induzbuy cloud platform.
This means the complete process starting from requisitions through to payments needs no tedious data entry, reconciliation and processing efforts. Moreover, you can claim funding on invoices in a self select mode and have the amount credited to your account the same day.
Best price, minimum time and guaranteed on-hand inventory.
Savings of at least 5%, reduced inventory turns and saved space on storage.
Just in time for indirect items without the hassles of supply chain glitches & shipment delays.
Reduced requirement for manpower in Stores, Sourcing / Purchasing & Warehousing functions.
Better vendor relationship and deeper engagement.
One-click requisition to goods-inwards processing.
Integrated to existing ERP and Accounting software.
Across industries, procurement has become one of the most complex business functions, an enabler of operational efficiency and also a prime target for cost reduction
The business world is transforming—a company’s supply chain is no longer limited to its four walls, supply chain management is not just a cost-cutting measure,
With the talks of economic uncertainty, ongoing geopolitical issues, and a potential recession doing the rounds, supply chains are feeling the first impact post-pandemic aftermath.