The Purchase to Pay workflow on Panacea streamlines the end-to-end purchase to payment process.
The Project Manger sends an Order Confirmation to the selected supplier, asking them to confirm delivery with evidence they have provided the goods/services and only then are they able to submit their invoice. These invoices are then exported from Panacea for payment by the client organisation and are paid as per their usual time-frame.
The software captures account codes, approvals, authorisation and goods receipt notifications as required, and automatically matches invoices to purchase requisitions to prevent over-payment. Tailored batch files contain all the data you require for upload to your finance system for payment and analysis.
Go to Step 1 - Project Manager Sends Purchase Order