For business continuity and growth, effective procurement and vendor relationships have always been an integral aspect of operational and strategic planning. Managing decentralized procurement across the key stakeholders (end users, procurement and finance teams, and vendors) is a perennial pain due to a lack of integrated information channels, black boxes between functional teams, and inadequate end-to-end visibility.
The Dice Procure-to-Pay module for end users (functional employees) ensures that all requests fall under the compliance and governance policies mandated by the organization while maintaining seamless information channels between the right stakeholders depending on the kind of request raised. The user activities comprise of:
- Onboarding vendors and reviewing vendor amendments
- Raising purchase requests
- Creating goods receipt entries
- Raising vendor invoices and advance payment requests, with or without orders
- Managing inventory consumption and transfer
- Requesting budget
Let's explore each activity in-depth.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article