It is integrating purchasing and accounts payable systems to create greater efficiencies. It exists within the larger procurement management process and involves four key stages: selecting goods and services; enforcing compliance and order; receiving and reconciliation; invoicing and payment.
RFQ preparation from PR and floating to the vendor
Quotation and bill submission from Vendor through online
End to end integration with ERP(PR to Financial Posting)
Quotation comparison(Commercial and Technical)and approval process
Data Security, Audit log,
Authorization, email notification
Track the documents from end to end