WeP Procure to Pay Software

𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 Over decades, the procurement process has evolved from a rather admin-based record-maintaining domain into a digitally managed function. Siloed-fragmented processes & its supporting systems bring down the efficiency & raise errors. Hence, smart organizations must optimize their Procure-To-Pay (P2P) cycle while connecting their corresponding resources, systems, processes & people. 𝗪𝗲𝗣 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝘁𝗼 𝗣𝗮𝘆 𝗦𝗼𝗳𝘁𝘄𝗮𝗿𝗲 WeP’s P2P solution comes strong at handling all the core processes with powerful workflows & low-code development platform enabling enterprises to eliminate all sources of friction through procurement and streamline the complete cycle from end to end. Built on workflow automation & low-code platform, the solution digitally brings together various stakeholders from purchase to accounts thus facilitating seamless collaboration. Manage buying, approvals, compliance, payments, vendors & suppliers to create greater efficiencies on an enterprise level. Real-time notifications about task initiation, completion, decline & much more make the solution highly connected to the users. Key Challenges Being Faced by Business Leaders With user access & restriction options, accept/reject/reassign tasks can be completely custom based on any organization’s hierarchy. Furthermore providing all-round independency with custom automation for most custom requirements! Adding to this, our Azure cloud-hosted document repository stores all the process related documents for easy accessibility! 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗥𝗲𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻(𝗣𝗥) Eliminate manual tedious processing of purchase requests (PRs). By deploying WeP P2P, users will not have to share physical paper forms anymore for approvals. Forms can be directly created on the platform allowing for direct approval & submission of purchase orders o Effortless Remote Approvals & Rejections o Hierarchy-Based User Approvals o Transparent Request Tracking At All Levels o Integrations 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗢𝗿𝗱𝗲𝗿 (𝗣𝗢) Initiate creation of purchase orders effortlessly with just one click! Users can initiate requests logged in to the solution from anywhere for new requisitions, attach & submit supporting documents & then share it to the users in the defined hierarchy in line for approval. o Multiple Auto-Validation Levels To Prevent Errors At Any Stage o Seamless Integration With ERPs o Filter Options For Selecting/Viewing PRs Of Choice 𝗩𝗲𝗻𝗱𝗼𝗿 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 Manage all your vendors on the go right from onboarding to shortlisting for selection in with the Vendor Space! Using the solution, vendors can either be onboarded by the users by filling the onboarding form through links. Accounts, Procurement & Vendor parties can come together to interact & review transactions efficiently. The solution also helps the users/stakeholders to choose the best quotation amongst the vendors. o Real-time Alerts & Notifications For Transactions, Approvals Through Mail o One-Stop Tracking Of Requests o Comprehensive Dashboard 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 Users get to choose either between manual or automated payments based on priority & preference. With 3-Way Match in place, you can match payments with invoices & store centralized transaction records for future reference. Categorize & filter through various vendor’s payments based on due dates, approvals & much more! o 3-Way Match o Real-time Notifications & Alerts To Involved Stakeholders On Payment Release o Storage Of Centralized Transactions In Cloud-Hosted Document Repository 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 WeP P2P offers a dedicated contract management space where you can manage all contracts be it, existing or new effortlessly! Standardize & streamline various contracts from approvals, creation & renewals. Azure hosted repository will also store & archive contracts & can be pulled when required.. o Digital Signature Provisional Capability o Audit Trails Ready o Time-Sensitive Reminders For Renewals Over Notifications & Alerts"