Infor Nexus Procure-to-Pay Automation
Procure to Pay built for Direct Procurement
Infor Nexus streamlines the Procure-to-Pay process for direct procurement, creating a single version of the truth across your supply chain. By automating document creation, PO management, and invoice approvals, Infor Nexus streamlines processes, reduces costs, increases cash flow visibility, and improves supplier performance.
Eliminate paper, reduce manual efforts and increase productivity
Customer success
This huge transformation to their PO process allowed Crocs to grow massively as a business, more than doubling their supplier base within 5 years and adding 0 Full Time Employee headcount, in the three years after implementation, despite company and portfolio growth.
Delivering value to customers across industries
Order Management & Collaboration
Enhance order transparency, streamline procurement, and ensure seamless ERP data integration for informed collaboration and alignment.
- A unified view of orders across network partners
- Effortless purchase order confirmation and collaboration
- Compressed approval times and greater accuracy
- Address delays promptly and assure supply
- Integration of real-time data with ERP systems enhances the accuracy of available-to-promise dates
Accounts Payable Automation
Optimise invoice approvals, ensure document accuracy, and automate document generation for greater cost savings and productivity.
- Enhanced efficiency in payment authorisation
- Timely notification of discrepancies
- Automated creation and delivery of documents
- Exception-based document verification
- N-way multi-document matching and validation
Chargeback & Deductions Management
Maximise revenue recovery and bolster supplier partnerships with automated chargeback management.
- Automated and streamlined chargeback creation
- Resolve disputes with suppliers
- Accelerated chargeback collection
- Automatically deduct chargebacks from future payments
- Strengthened supplier relationships
First Sale for Export
Streamline first sale documentation and validation utilising automation and centralised document management
- Automated creation of First Sale Invoices
- Efficient reconciliation and thorough review processes
- Centralised transaction management
- Improved visibility and fortified security measures
Supply Chain Finance
Empower working capital strategies and reduce risks from your supply chain
- Improve working capital through payment terms extension, while minimising the impact to suppliers
- Enhance cash flow and strengthen supplier relationships
- Ensure full supplier coverage with a multi-bank network
- Incentivise supplier performance in ESG programmes
Productivity by the numbers
Related products
Assure supply, gain earlier visibility and improve efficiency and partner relationships through collaboration.
FAQs
Direct procurement focuses on acquiring materials and components directly related to the production process, indirect procurement deals with acquiring goods and services that support the overall operation of the business but are not directly incorporated into the final products.
Automating supply chain transaction processes creates a multitude of benefits, such as improved collaboration with your suppliers, streamlined AP Processes, and real time tracking of both inventory and payments.