Payment Process
Goods or services can be delivered by vendors. The GRN or SRN can then be uploaded into the ProcurePulse Vendor Portal by them. If the delivery attracts a payment as per contract terms, the vendor prepares invoice and uploads into the ProcurePulse Vendor Portal. The finance team receives notification after invoice reaches the vendor portal. The finance team will review the terms of the contract and the order's previous payments. The vendor is paid after internal checks. The seller will be able to track this payment through the ProcurePulse Vendor Portal. Stakeholders can provide their feedback for future reference and vendor rating.
ProcurePulse Payments Portal
ProcurePulse uses technology to manage manual, repetitive and labour intensive tasks in the procurement process. It helps to speed up the procurement lifecycle, reduce errors, and save costs.
1
Upload GRN / SRN
4
Process
Payment
2
Upload
Invoice
5
Track
Payment
3
Check
Terms
6
Feedback
Upload GRN or SRN
Goods or services can be delivered by vendors. The GRN or SRN can then be uploaded into the ProcurePulse Vendor Portal by them.
Upload Invoice
If the delivery attracts a payment as per contract terms, the vendor prepares invoice and uploads into the ProcurePulse Vendor Portal.
Check Terms & Payment History
The finance team receives notification after invoice reaches the vendor portal. The finance team will review the terms of the contract and the order's previous payments.
Process Payment
After checking the contract terms and payment history, finance team initiates payment to the vendor.
Track Progress in Vendor Portal
Progress of the payment process gets posted in ProcurePulse Vendor Portal. The vendor will be able to track this payment.
Feedback
Stakeholders can provide their feedback for future reference and vendor rating.
Integrations
ProcurePulse can be integrated with most ERP, Directory, HR and Payment Systems
ERP
SAP, Oracle, Dynamics
API, Web Services and Views
Single Sign-on
Active Directory, LDAP, Google OAUTH; Java Integration
Human Resources
Peoplesoft
API and Web Services
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Ticketing
ManageEngine, FreshDesk
API and Web Services
Connect with Us
Our consultants have vast experience in digitally transforming the processes of managing procurement, vendors and contracts for large organisations.
Connect with us for a detailed study our your requirements. Our consultants can suggest some of the best practices followed by industry leaders.