COMPLETE AUTOMATION OF PO, INVOICE, PAYABLE AND E-SETTLEMENT PROCESSES
Backed by powerful software algorithms for complete order processing automation
Get StartedDoes the PO to payment process slow you down?
CormSquare's Unified Procurement Operations Suite helps to automate order processing, so your team spends less time checking the accuracy of documents, matching numbers, interfacing with finance for payment and so on.
Let software algorithms accurately process documents and notify discrepancies while you focus on more strategic activities.
- Electronic feed of invoices, challans, receipts etc
- Straight through Accounts Payable (AP) process
- Data verification and reconciliation with self-service supplier portals
- Fully automatic verification of all documents
- Highly flexible and configurable workflow
What do some customers say?
Appreciation for the speed, accuracy and convenience of the system.
Ashok VS
Post deployment, we are now able to reduce our invoice processing time from four days to less than a day.
Andrew Williams
Our reconciliation of payables is now fast and we are able to settle payments much faster.
Raghavan S
We were using signatures on paper invoices and it used to take up to 15 days for approvals and payment process. Now, the entire operation is paperless and fast
If your organization uses paper invoices, manual signatures, excel based processing, CormSquare Unified Procurement Operations suite is best bet for fast, accurate processing and reconciliation .
Powerful software for your procurement operation
Irrespective of the size of companies, Unified Procurement Operations Suite deliver definite productivity gains.
E-Invoice Capturing and Processing
CormSquare e-Invoice capture helps in electronically capturing invoices, challans, and advance shipping notices to a central repository. System can accept CormSquare vendor portal generated invoices as well as industry standard formats like cXML and EDI
- Receive, approve, and pay invoices automatically
- Accurately captures invoice data faster resolution of deviations
- Workflow integration for easy approvals
- Fully Automated invoice matching and verification
Accounts Payable reconciliation and e-Settlement
CormSquare Unified Procurement Operations helps to optimize the e-Settlement process by electronic capture of invoices, automated reconciliation and an integrated approval workflow
- Paperless and fully automated processing of invoices
- Minimize supplier communication efforts by providing a vendor portal with self-service inquiries and visibility to status.
- Straight-through AP process for financial settlement
- Advanced search and reconciliation capabilities
Purchase Order Management Software
Purchase Order Management software is part of CormSquare Unified Procurement Operations and enables accurate, fast and controlled PO creation, approvals, tracking status, and supplier collaboration.
- Create Purchase Orders from quotations, catalogs, punch-out items, or through a blank form.
- Integrate a flexible workflow for PO approvals.
- Track supplier acknowledgements and approvals.
Supplier Information Management
CormSquare e-Procurement suite offers self-service vendor portal that is designed with the vendor user experience in mind, while ensuring accuracy and efficiency in vendor onboarding, data capture and sustenance. System also claims a very high adoption level due to its simple user-centric design.
- Faster Supplier On-boarding
- Accurate and easy maintenance of supplier data
- Customize and configure supplier audit requirements
- Flexible workflow integration for supplier approvals