The Procure-to-Pay Solution automates communication of orders with suppliers to keep you fully stocked while reducing costs and errors. Inbound shipments and invoices are automatically posted allowing you to automate goods receipt processes and capture early payment discounts.

Elemica’s Procure-to-Pay Solution replaces complex, costly manual approaches with automated order management that simplifies and error-proofs the procure-to-pay cycle. With Elemica, you can lower operating costs, remove transactional barriers, and streamline communications with supply chain partners by utilizing one unified network - across all of your suppliers. Requisitioners can select whether to settle via PCard or purchase the order at time of requisitioning.

Remove Structural Costs. Confirm Prices. Automate Goods Receipts. Manage Cash Flow.

"Automating" orders with autofax, EDI or email can provide minor process improvements; however, suppliers entering data manually into their systems requires labor and can result in errors being introduced into their system and back into yours. For example, a PO number mis-keyed by a supplier from a fax order may next be noticed in your AP department 45 days later when the paper invoice does not match. It needs to be researched and then transactions reversed in your system of record. If an error occurs with the material, location, or date, operations can be adversely impacted.

Does it make more sense to have a requirement in your system automatically be entered into your suppliers system for fulfillment? The Elemica Procure-to-Pay Solution delivers advanced procurement capabilities and utilizes exception-based alerting to identify and eliminate errors - and proactively notify the right people enabling you to exceed expectations and increase overall satisfaction.

Driving errors from your procurement and financial transactions enables you to eliminate structural costs and dramatically improve the quality of the data in your ERP system and that of your suppliers. This in turn lets you gain greater control over cash flow and enhance your financial performance.

What can Elemica's Procure-To-Pay Solution do for your business?

• Simplify procurement and financial processes with "touchless" processes
• Gain better control over cash flow, with no capital expenditures
• Eliminate manual, spreadsheet and email based processes
• Remove structural costs
• Automaticaly identify and remove errors (75% error reduction)
• Negotiate better terms, conditions, and prices
• Capture payment discounts
• Improve invoicing accuracy
• Deliver high rates of supplier enrollment via strong program management

Procurement Improvements Hit the Bottom Line in AP

With the process improvements and "touchless" order management capabilities delivered by Elemica Procure-to-Pay, your spend under management increases and procurement runs smoothly with lower costs and much greater efficiency. Ultimately, your staff is empowered to focus on business issues, rather than order processing. Suppliers can be paid on time resulting in increased supplier satisfaction and capture of payment discounts by accounts payable.

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