Automate procurement and payments

[Harold Styles]

We’ve encountered a problem in production: component procurement is spread across three workshops, and we’re constantly missing the deadline to pay for deliveries. As a result, components are delayed, and production lines are idle. Has anyone implemented software to automate procurement and payments? To what extent does it speed up approvals and provide precise control over payment deadlines?

[DwightDixon]

I completely agree with the problem here! A production line downtime due to a pending payment is every director’s nightmare and a direct loss. But believe me, sending invoices by email or on paper is a dead end. Consider precoro and their product. If you’re not familiar with it, you can find more info about them here. Their software allows for such flexible approval routes that a notification about a new invoice is instantly sent to the director’s phone. A request can be approved in just a couple of clicks. This has significantly reduced our approval time, and purchasing has stopped slowing down the production lines.

[Author]

Posts