Benefits of P2P Automation with Bautomate

100% Visibility Across All Stages

Increase Quality and Decrease Fraudulent Moves

Efficient spend visibility, management and analysis

Improve Invoice processing and reduced PO lifecycles

Improve Supplier Management

ROI Enhancements With Real-time Budget Control

Well-planned and improved cash flow

Dashboard that records of all financial transactions

Why Bautomate?

Enhance control measures

Bautomate offers automation through standalone and customized solutions to match your end-to-end procure-to-pay process workflow for comprehensive integration that goes beyond the capabilities of a traditional procure-to-pay tool.

Simple and Straight forward

Bautomate’s unique AI/ML engine along with OCR and DMS assists you in automating majority of your processes. Its easy integration connects to your existing systems helps in keeping track with all the activities.

SaaS Licencing
Model

The cloud means less IT maintenance and more control over your IT costs, scalability, business continuity, collaboration efficiency, and work practices flexibility and ability to customize your process based on your needs.

Increase automation efficiency

An automated Procure-to-Pay Process delivers real-time data, generates cash flow possibilities by efficient spend management and analysis, increases timely payments by reduce PO lifecycles, and enhances vendor relations.

The procure-to-pay (P2P) process is defined by the Chartered Institute of Procurement & Supply (CIPS) as “…the process of requisitioning, purchasing, receiving, paying for, and accounting for goods and services.”

Procure-to-pay processing flow includes the following steps
  • Identifying the Need - Identifying the need for a product or service.

  • Requisition management - A formal request for goods or services is made and approved.

  • Purchase Order Is Issued - A purchase order is issued to the supplier once the purchase requisition has been approved by the appropriate management.

  • Goods receipt - The supplier provides the requested goods or services, and a goods or services receipt is generated.

  • Received invoice - The supplier's invoice is received and entered into the processing system.

  • Invoice processing - Either the invoice is matched against the PO and the receiving documents, or any exceptions are flagged for further investigation. Invoices without a corresponding PO are routed through workflow for review and approval.

  • Accounts Payable - Approved invoices are routed to accounts payable, who process the payment and update the system.

  • We also go over the order-to-cash process.

    Specifically, production delivery based on a customer purchase order, a customer sales invoice, and the dispatch and delivery process.

    Receiving payments in exchange for sales delivery

Procure-to-pay processing flow includes the following steps

  • Step 1

    Identifying the Need - Identifying the need for a product or service.

  • Step 2

    Requisition management - A formal request for goods or services is made and approved.

  • Step 3

    Purchase Order Is Issued - A purchase order is issued to the supplier once the purchase requisition has been approved by the appropriate management.

  • Step 4

    Goods receipt - The supplier provides the requested goods or services, and a goods or services receipt is generated.

  • Step 5

    Received invoice - The supplier's invoice is received and entered into the processing system.

  • Step 6

    Invoice processing - Either the invoice is matched against the PO and the receiving documents, or any exceptions are flagged for further investigation. Invoices without a corresponding PO are routed through workflow for review and approval.

  • Step 7

    Accounts Payable - Approved invoices are routed to accounts payable, who process the payment and update the system.

  • Step 8

    We also go over the order-to-cash process.

    Specifically, production delivery based on a customer purchase order, a customer sales invoice, and the dispatch and delivery process.

    Receiving payments in exchange for sales delivery

Procure-to-pay Automation software with 80% toucless rate and upto 90% accuracy