Work smarter, collaborate electronically with your suppliers. An integral part of Purchase-to-Pay, Connectivity allows buyers to connect and collaborate electronically with suppliers allowing you to send purchase orders, activate your e-invoice-ready suppliers, scan and capture invoices, and ensure all your invoices are received electronically.
At the same time, suppliers can send and manage catalogues, confirm purchase orders, and flip purchase orders to invoices for faster order to cash. There are even services available to help suppliers go electronic who may not yet be e-invoice ready.
The end result means saving time and money from day one.
Automating your financial processes enables you to achieve the promise of full Purchase-to-Pay – greater agility, full spend and cash flow visibility, increased compliance with strategic planning, and control of spend brought to the strategic level. When you control your cash flow, you can unlock working capital leaving you free for strategic planning and implementation.
Discover how you can build on this success when you move closer to full Purchase-to-Pay – download the Connectivity ebook.