It is essential that the Procurement and Accounts Payable processes are connected to prevent fraud, eliminate errors end ensure compliance. With inSTREAM™ there is no need to change your procurement system, our modular approach to ‘Purchase to Pay’ means that inSTREAM™ can automate your Accounts Payable process with your own procurement system or you can choose inSTREAM™ for Procurement instead.

Procurement

Delivered as a service, inSTREAM™ for Procurement is designed for ease of use (no accounting or IT skills required) and rapid deployment across multiple departments or locations. At the heart of the system is its ability to provide simplicity with the essential ‘checks and measures’ to significantly improve your procurement process.

• User access security
• Multi level approval
• Cost centre and ledger coding
• Multi currency and VAT
• Customisable order format
• Electronic purchase order delivery
• Budget and spend limits
• Integration with finance systems
• Invoice and Goods receipt matching

Receipting

Receipting goods and services couldn’t be easier. With easy access to purchase orders on-line your staff can quickly receipt goods via any web browser or automatically scan through handheld terminals, at the point of receipt, wherever that might be in the world. Whatever you choose, the system enables flexibility without compromising business rules. Goods receipt notes (GRN) can be incorporated into the system to ensure a complete and compliant audit trail. These GRNs can, in turn, be fed back into your own ERP or other management system