Purchase To Pay

Purchase_To_Pay_Use_Case

Essentially, Purchase to Pay is a system that connects, integrate and automates the purchasing process for a company – turning what would be silo efforts into a seamless one. In return, it provides procurement better visibility and management of vendors and deliveries.

The three-way match methodology practised by the Accounts Payable, whilst secure, takes times and requires meticulous double-checking of data. To speed up the process manually would increase the risk of errors being made. An automated procure-to-pay process can help a company scale by providing accurate reports faster than ever.

FireStart’s P2P solution is agile – with capabilities to meet your company’s unique P2P needs while ensuring full automation, from routing approvals and issuing POs to facilitating the three-way match process. Empowered by the support of ERP and SAP systems, processing EDI documents and various existing Finance modules becomes a breeze.

FireStart’s Purchase to Pay automation tool not only provides a priceless overview of your entire P2P process but also diminishes errors by removing the need to manually key in invoice data while storing all data in an easy-to-retrieve central hub. All digital, no perishable paper. The speed of automation also enables companies to accelerate payments, make better cash flow predictions and spend analytics. To top it off, with improved communication flow and faster feedback – you’re able to forge stronger relationships with business partners and suppliers.

More Use Cases:

With an automated purchase to pay process, your payments are received more quickly, allowing accurate cash flow prediction and spend analytics. Store all of your data in a central hub: the FireStart Platform.
The phase out is a crucial product process often poorly treated by the product owner. With FireStart you can monitor your portfolio and control phase out of less attractive offerings to maximize your outcome.
With an automated procurement process from FireStart you can maximize efficiency and resources and also improve flexibility in your procurement management.

Customer Success Stories:

The first step we took was to thoroughly understand LENZE SE’s operational structure, complexity, and improvement points – allowing us to orchestrate a strategically sound, interweaved and future-ready solution. FireStart’s core products and strategy help built the foundation for LENZE group’s digital process transformation strategy for the next 5 years.
Test-Fuchs has been operating in the field of aeronautics, maintaining an enormous development effort and call for compliance with a plethora of quality norms. There has been a need to rethink processes and rearrange them into a clear structure. How did they do that? With the FireStart BPM platform.
COPA-DATA is the only independent software manufacturer to combine in-depth experience in automation with the new possibilities of digital transformation – reliable, future-proof and operating worldwide COPADATAs vision is to enable everyone who works with industrial plants or deals with infrastructure to complete their tasks easily. FireStart was happy to help.

Discover exclusive content on digital transformation

    By submitting this form, you confirm that you agree to the storing and processing of your personal data by FireStart as described in our Privacy Policy.

    Contact us
    to perform as one