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ProcurePort Procure-to-Pay Software

Our user-friendly P2P software is designed to streamline the entire procurement process, from managing suppliers to processing invoices and making payments. With advanced automation features and powerful analytics, our software simplifies the process.

  • Streamlined Process

  • Improved Spend Management

  • Enhanced Supplier Relationships

  • Increased Financial Control

Watch Your Process Become Effortless and Efficient

P2P software enables businesses to streamline their procurement process by automating tasks such as requisition creation, purchase order issuance, and invoice processing. This helps businesses reduce the time and effort required to complete the procurement cycle, resulting in greater efficiency and productivity.

Requisitions

Complete Control Over Your Spend Management

With P2P software, businesses can gain greater visibility and control over their spending. By automating procurement tasks, the software helps businesses identify potential cost savings opportunities, negotiate better deals with suppliers, and enforce compliance with procurement policies.

Spend Analytics

Build Strong Relationships with Your Suppliers

Procure-to-Pay software helps businesses manage their relationships with suppliers by providing a centralized platform for communication and collaboration. This enables businesses to work more closely with suppliers, negotiate better terms, and resolve issues more quickly.

Supplier Management

Take Charge of Your Finances with Powerful Software

ProcurePort Spend Management software provides businesses with greater financial control by automating the invoice matching and payment process. This helps businesses reduce the risk of errors and fraud, improve cash flow management, and ensure compliance with financial regulations and standards.

Spend Management Software

Why ProcurePort Procure-to-Pay Software?

Common Procure-to-Pay Challenges

  • Difficulty in managing supplier information, contracts, and catalogs

  • Manual processes for purchase requisitions, approvals, and invoice processing

  • Errors in supplier data, invoices, and payments

Risk of Not Having a Proper Solution Available

  • Incorrect purchase decisions, missed savings opportunities, and legal or compliance issues

  • Delays, inconsistencies, and errors throughout your procurement process

  • Overpayments, duplicate payments, and incorrect financial reporting

Benefits of ProcurePort Procure-to-Pay Software

  • A central, organized repository that makes managing your information easy

  • Reduce manual efforts and errors while improving the speed of transactions

  • By leveraging automation you’ll improve accuracy and cost savings

Uncover the Truth in the Numbers

50% - 70%

Reduction in cycle time of creating and approving purchase orders

60%

Increase in supplier satisfaction due to faster invoice approvals and payments

90%

Increase in compliance rate with procurement policies

ProcurePort Procure-to-Pay Software Key Features

Discover the innovative features and benefits of our P2P software. Automate your procurement process, siginficantly reduce costs and improve efficiency, while enhancing spend visibility and supplier relationships.

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Fully Automated

Our software automates everything from purchase requisitions to invoice processing and payment, reducing manual efforts and streamlining transactions.

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Budget Approval Workflows

Set up approval workflows for purchase requests, ensuring that budgets are adhered to and reducing the risk of overspending.

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Purchase Requisitions

Make purchase requests using integrated product catalogs with contracted pricing. Multi-tiered approval workflows to ensure compliance with budgets.

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Advanced eAuction Features

Suppliers can submit competitive bids in real-time, allowing buyers to make informed decisions about pricing and choose the best deal available

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Reporting and Auditing

Easily review all bids using the side-by-side comparative report. Use the online bid analysis tool to generate the most optimal award scenario.

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Online Supplier Catalogs

Manage all your supplier information in one single repository. Create supplier product catalogs along with contracted pricing.

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Contract Management

Manage all aspects of your supplier contracts, including tracking expiration dates, monitoring pricing, and managing renewal options.

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Spend Analysis

Eliminate maverick spend with budget approval workflows and contracted pricing for improved spend management.

autorenew

Fully Automated

Our software automates everything from purchase requisitions to invoice processing and payment, reducing manual efforts and streamlining transactions.

calculate

Budget Approval Workflows

Set up approval workflows for purchase requests, ensuring that budgets are adhered to and reducing the risk of overspending.

request_quote

Purchase Requisitions

Make purchase requests using integrated product catalogs with contracted pricing. Multi-tiered approval workflows to ensure compliance with budgets.

gavel

Advanced eAuction Features

Suppliers can submit competitive bids in real-time, allowing buyers to make informed decisions about pricing and choose the best deal available

assignment

Reporting and Auditing

Easily review all bids using the side-by-side comparative report. Use the online bid analysis tool to generate the most optimal award scenario.

shopping_cart

Online Supplier Catalogs

Manage all your supplier information in one single repository. Create supplier product catalogs along with contracted pricing.

description

Contract Management

Manage all aspects of your supplier contracts, including tracking expiration dates, monitoring pricing, and managing renewal options.

attach_money

Spend Analysis

Eliminate maverick spend with budget approval workflows and contracted pricing for improved spend management.

Mobile App Accessible

Work anywhere, anytime, on your smart devices with the mobile responsive ProcurePort Procure-to-Pay Software.

Integrate with Everything

At ProcurePort, our goal is to provide you with a procurement experience that is both effective and hassle-free. That's why we've integrated with some of the top technology solutions in the market to ensure that our software works seamlessly with your existing systems.

Third Party ERP integration
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Cloud-Based

99.99% Uptime

language

Globalized

Currencies and Languages

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Secure

SOC2 Type2 Certified

Procure-to-Pay Software FAQs

What is Procure-to-Pay (P2P) software?

Procure-to-Pay software, also known as Purchase-to-Pay, is a system that connects all the steps of a business's procurement process from the initial requisitioning of a product or service to the payment of the invoice.

How can ProcurePort P2P software benefit my organization?

P2P software streamlines and automates the procurement process, reducing costs, improving efficiency, enhancing spend visibility, fostering compliance, minimizing errors, and improving supplier relationships.

What are the key features of ProcurePort P2P software?

Key features include requisition management, purchase order management, goods receipt, invoice processing, supplier management, analytics and reporting, and integration with other business systems.

Can ProcurePort Procure-to-Pay software integrate with my existing systems?

ProcurePort P2P software is designed to integrate with various ERP and accounting systems such as microsoft dynamics, SAP Ariba, Plex, Syspro, Infor, Oracle, NetSuite, Docusign, and many others. The level of integration will depend on the software you choose and your existing systems.

How can P2P software improve supplier relationships?

P2P software can improve supplier relationships by making the procurement process more transparent and efficient. This includes faster invoice approvals and payments, which leads to increased supplier satisfaction.

How does ProcurePort P2P software support policy compliance?

P2P software can enforce procurement policies automatically through configurable approval workflows and spend controls, thereby increasing compliance rates.

What is the implementation process for ProcurePort Spend Management Software?

The implementation process will vary based on the workflow you wish to automate, modules that are selected to automate the workflow and your organization's specific needs. Typically, it includes stages like planning, configuration, integration, testing, training, and deployment.

Does ProcurePort Spend Management Software require training to use?

ProcurePort Procure-to-Pay software is designed to be user-friendly, some training is typically required to familiarize users with the system and to ensure they can make full use of its features. However, ProcurePorts’ onboarding and training team ensures users are on boarded quickly and efficiently so that your organization can start generating ROI from the solution in a short period of time.

Let’s Discuss Your Needs

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