Does PO to payment process slow you down?
CormSquare Unified Procurement Operations Suite helps to automate order processing, so your team spends less time in checking accuracy of documents, matching numbers and interfacing with finance for payment and so on.
Let software algorithms accurately process documents and notify descrepenacies 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, configurable workflow
What some customers say?
Appreciations for the speed, accuracy and convinience of the system.
Post deployment, we are now able to reduce our invoice processing time from four days to less than a day.
Our reconcilation of payables is now fast and we are able to settle payments much faster.
We were using signature on paper invoices and it used to take up to 15 days for approvals and payment process. Now, 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 reconcilation .
Powerful softwares for your procurement operation
Irrespective of the size of companies, Unified Procurement Operations Suite deliver definate productivity gains.
eInvoice Capturing and Processing
CormSquare eInvoice 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 Payables reconciliation and eSettlement
CormSquare Unified Procurement Operations helps to optimise the eSettlement process by electronic capture of invoices, automated reconcilation and an integrated approval workflow
- Paperless and fully automated processing of invoices
- Minimize supplier communication effort by providing vendor portal with self-service inquiries and visibility to status.
- Straight-through AP process for finance settlement
- Advanced search and reconciliation capabilities
Purchase Order Management Software
Purchase Operations Management software is part of CormSquire Unified Procurement Operations and enables accurate, fast and controlled PO creation, approvals, tracking status and supplier collaboration.
- Create Purchase Orders from quotations, catalogues, punchout items or through a blank form.
- Integrate a flexible workflow for PO approvals.
- Track supplier acknowledgement and approvals.
Supplier Information Management
CormSquare eProcurement suite offers self-service vendor portal that is designed with vendor user experience in mind. While ensuring accuracy and efficiency in vendor onboarding, data capture and sustainance. System also claims very high adoption level due to simple user User-Centric design.
- Faster Supplier On-boarding
- Accurate and easy mantenance of supplier data
- Customize and configure supplier audit requirements
- Flexible workflow integration for supplier approvals