Improve 1st Match Rates on Service Invoices.

Services Procurement

The procurement of services comes with unique challenges. For some services, it isn’t always possible to know the quantity or even type of work to be performed when a purchase order is initially created. Services Procurement makes it easy for organizations to engage service contractors, to provide a detailed account of materials and/or hours consumed while maintaining control of their spend and associated compliance to contracted rates.

Features

GENERATE SERVICES REQUESTS AND ORDERS

Catalogs represent service contracts. Smart Forms specify the details of the service request. Use QuickQuote for simple sourcing events with pre-defined suppliers.

PROVIDE MATCHING INVOICE

Only approved Service Entry Sheets can be flipped into an Invoice. Auto generation of Invoice can be enabled by supplier. Validation of Invoices from integrated suppliers against approved Service Entry Sheets.

RECEIVE ORDERS & GENERATE SERVICE ENTRY SHEETS

Receive various order types with enforced workflow. Generate Service Entry Sheet based on contract data. Receive status and correct Field Tickets.

INVOICE AND PAYMENT

100% Invoice match simplifies AP process. Supports ERS Self Billing Invoice. Supports payment information. Invoice and payment status information to suppliers.

VALIDATE SERVICE ENTRY SHEETS (MATCH & APPROVE)

Compare Service Entry Sheet items against contract. Check requested amounts against open order amount. Approval on mismatches manually or automatic rejection. Enrichment of Service Entry data based on catalogs. Status update to supplier.

Go Explore

Spend Accent Icon

Spend Analysis

Contracts Accent Icon

Contracts

Solicitation Accent Icon

Sourcing

Purchasing Accent Icon

Purchasing

Catalog Accent Icon

Catalog Management

Invoicing Accent Icon

Invoicing

Network Accent Icon

Supplier Network

  • Spend Analysis
  • Contracts
  • Sourcing
  • Purchasing
  • Catalog Management
  • Invoicing
  • Supplier Network
  • Services Procurement
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