What is Supplier Management Solution?
Accounts payable solution – Automate your Purchase cycle of Supply chain and save cost by process efficiency
Receiving invoices from Suppliers, dealing discrepancies, workflow management, managing payments of the same may be a great challenge for many companies if not using automation in the process and this makes the process cumbersome and cost inefficient.
RAMSUN’s Supplier Management Solution offers complete automation for invoice receiving, its approval and its payment through various modes, giving consolidated view, online invoicing by suppliers, and control over entire payables at one place. The solution comprises multiple sub-modules including Vendor Registration Solution, E-invoicing solution, Vendor Management Solution and Accounts Payable Solution.
E-invoicing can be enabled for Vendors also right from their accounting system such as Tally, Navision etc. so that GST compliant invoices are received by corporates with proper validation.
Depending on the requirements, invoices from the Suppliers can be routed for Supply chain finance through various models.