A major challenge for many companies today is their ability to manage procurement and administration processes. Often there is no structure, no visibility over these processes, no accountability and tremendous difficulty for accounts payable departments in reconciling transactions.
W4 Solutions:
Automating critical activities, thus gaining access to the information you need, when you need it, in real-time
Reducing inefficient paper-based processes
Tracking invoices in real-time from submission to payment
Increasing customer and vendor satisfaction
Eliminating paper based processes, lost information and miscommunication
Intelligently automating and managing the routing of a purchase order from the request to the approver
Allowing all participants and management to track and monitor the process
Archiving all documents, attachments, comments and approver signatures associated with the request
Ensuring continuous process improvement by providing efficiency reports on enquiries and giving business managers the tools needed to redefine and refine those processes as needed
Integrating with EDI
Integrating with RFID
Creating Value for Procurement
100% gain in tracing billing processes
Elimination of paper demand for purchasing and billing
Processing period for accounts (purchasing) reduced by 90%
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