Procure To Pay Processes
Procure To Pay Processes
Major Modules in Procure to Pay :
- Procurement
- Purchase Requisitions
- Source of Supply and Vendor Determination
- Vendor Selection Process
- Purchase Order, Contract and Scheduling agreement Process
- Purchase Order Monitoring
- Goods Receipt
- Logistics Invoice Verification
- Handling of Payments
- Inventory and Warehouse Management
- Inbound Processing from Supplier
- Stocks Handling
- Initial stock Upload
- Physical Inventory , Inventory Count , Adjustment
- Return to Suppliers
- Replenishment
- Outbound processing to Customer
- Supplier Management
- Classification and segmentation