Are you troubled with manual data entry from procurement to payment (PR, PO, Invoice, Gate entry, Inward, Quality check, Payment)? Do you receive and tossed around paper-based invoicing? Having troubles tracing, searching, and auditing products, inventories, and documents?
Procure-to-Pay (P2P) process still remains the complicated business process for manufacturers. It involves multiple complex processes and yet unresolved of inefficient workflows, human errors, and lack of visibility across the entire process. From choosing the suppliers to the final payment to the vendors, it is a difficult task to manage.
Kaptiche Banking effectively automates the typical complex set of procedures of Procure-to-Pay (P2P) such as suppliers bidding, creating an internal requisition, generating and getting approved of purchase orders, goods receipt, GRN process, invoice processing, and payment!
The end-to-end process automation solution to everyday P2P operations will provide banks with greater visibility into banks’ spend analytics, smooth order processing, and material purchasing. Mountains of paperwork are fully digitized, and invoice exceptions are resolved faster. With increased accuracy and efficiency, Kaptiche creates a fully-automated banking P2P and contributes to the growth of the banks.