Vendors and Trade Agreements

Vendors and Trade Agreements

Life cycle management of all procure to pay activities, including vendor relations and agreements.

Key features include

  • Bridging accounts
  • Flexible terms of payment and cash discounts
  • Advanced payment schedules
  • Pre-payment capabilities
  • Promissory note handling
  • Payment proposals
  • Export and import formats for electronic payments
  • Multiple currency handling and exchange rate adjustments
  • Notifications and proxies
  • Overpayment protection
  • Comprehensive reporting
  • Anywhere data access
  • Multiple bank account options
  • Easy export functions for what if analysis

Vendors and Trade Agreements

The Accounts Payable module help to improve cash flow and lower costs via greater control over the accounts payable process

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Key Benefits Include

  • Get email notifications when ever a purchase order or invoice is due for approval.
  • Assign proxies ahead of time for when you are unavailable
  • Multi step and over budget approvals make setting up expense control according the business processes an easy project
  • Multiple settings can be determined to automatically check for duplicate invoices against paid and unpaid items.
  • Invoices can be created based on full or partial receipt of items ordered