Streamlining the Purchase-to-Pay Process to improve efficiency.
Revitalize Your Purchase-to-Pay Process
Our purchase-to-pay services offer an entire range of Accounts Payable activities – from Vendor Setup & Maintenance, Scanning, Indexing, Coding, Invoice Processing, and Vendor Helpdesk to processing payments while helping our customers keep their vendors happy.
Deep industry expertise and partnership approach allow us to understand our client-specific needs and devise customized solutions. We help revitalize your P2P processes, implement the latest technology, and enable year-on-year savings by empowering your entire procurement lifecycle
Our service offerings enable your businesses to reduce repetitive tasks, save time, ensure compliance, minimize paperwork, and improve the purchasing experience.
Establish Needs
- Evaluate company requirements.
- Generate specifications for products.
Generate Requisition
- Generate purchase specifications
Approval
- Review purchase requisitions.
- Authorize purchase request
Create Purchase Order
- Generate purchase order for accepted purchase requisitions.
Purchase Orders Approval
- Ensure accuracy and legitimacy of requested items.
- Negotiate, approve or reject a purchase order.
Receipt Of Goods
- Receive shipment notice
- Receive goods
- Ensure goods match PO quality
Approval of Invoice
- Record invoice
- Match invoice to purchase order or receipt
- Approve invoice
Payments
- Schedule payment
- Pay supplier
How We Deliver Value?
Process Optimization
Optimize with an SLA-driven P2P process for improved efficiency.
Quicker Payments
Optimize with an SLA-driven P2P process for improved efficiency.
Digital Support
Leverage the latest technology & tools for agile P2P processes.
Cost Effective
Achieve cost savings with reduced processing costs.
Customized Reporting
Access insightful financial data for informed and intelligent business decisions.
The power of CENTIPEDE
Using Centipede’s inbuilt OCR and AI (machine-learning) modules, an automated workflow triggers the data extraction from the scanned invoices. The critical data like – vendor name, invoice number, tax, amount, etc., is automatically extracted from the invoices and made available for the AP systems to consume. This helps eliminate manual and repetitive tasks and avoid any delay in payments.
Transform your purchase-to-pay processes for better efficiency and agility.