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Procure to Pay – Ekonbee

Procure to Pay

Businesses face uncertainity due to various external factors which may impact their procurement processes, starting from requisition process and ranging across pricing negotiations,spend and supplier management. A lack of organization in this procure to pay process may result in engaging unapproved vendors compromising both cost and quality of the product. Procuring products beyond the purview of the purchasing department, or a combination of both may further result in compliance and audit issues.

We at hyperautomator assist our clients in optimizing their procure-to-pay process and related sub-processes with the objective of achieving timely invoice payments while maximizing cash flow.

Service Offerings

Vendor Management optimization

Hyperautomator assists its clients in implementing and maintaining seamless integration of their ERP solutions with various vendor management solutions like Ariba,Basware and Coupa. By integrating vendor management into the ERP, companies can streamline vendor onboarding and procurement processes, negotiate better deals with suppliers, and enhance communication for stronger supplier relationships. Real-time data and analytics provided by the ERP and intelligent platforms like SAP BTP can help enable data-driven decision-making, leading to improved supplier performance tracking and risk management. Timely payments ensure optimized cash flow, while compliance and auditing become more straightforward.

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Accounts payable optimization

At hyperautomator we have skilled team members having exposure to multiple 3 way matching solutions whether implemented using SAP VIM or non-SAP solutions like Coupa and Basware. We help our client optimize its Accounts payable. This ensures hastle free API invoice processing, leading to faster and more accurate payments, which improves vendor relationships. Optimized accounts payable also enhances cash flow management, provides valuable financial insights, and ensures better compliance and risk control, ultimately contributing to a more efficient and financially stable organization.

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Spend Management Optimization Focuses

Spend management optimization focuses on strategically managing and maximizing the value of all expenditures across an organization, which includes activities like procurement, sourcing, supplier management, and cost reduction. It aims to ensure that resources are allocated efficiently and that the best possible value is obtained from spending. At hyperautomator we have team members skilled in integrating various spend management solutions provided by SAP like SAP Ariba,Concur and Fieldglass

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Key Differentiators

Title 1

We assess your current processes as well as infrastructure and based on that formulate a plan for using the current platform to enhance your business operations. 

Title 2

We conduct thorough research on all the hyperautomation platforms that are available and evaluate the value each one can bring based on your business’s goals and needs.

Title 3

After conducting our in-depth research and evaluation, we provide you with our recommendations and give you a shortlist of the best hyperautomation platforms as per your needs and budget.