Electronic Purchase Orders

P2PSolutions designed the Electronic Purchase Order for ease of use. The document starts as a requisition and upon approval the document is sent to a supplier as a purchase order. The supplier will then review the document and it is sent back to the buyer as an acknowledgement. When the supplier is ready to ship product, they enter the shipping information directly into the document and this information is sent to the buyer as an advanced ship notice. Upon of the receipt of product in the facility, the same document is utilized as the receiver/BOL. Once the receipt information has been entered the software creates a liability to pay that matches the electronic purchase order exactly. This design allows for the electronic three way match required by so many companies.

Let us show you how to significantly reduce the time spent collating documents through the procurement process.