Procure To Pay2018-07-02T16:21:21+00:00

PROCURE TO PAY (P2P)

Lonar Technologies proprietary product Procure To Pay (P2P) is a web based portal made to ease the Purchasing to Payment cycle of the organization and its vendors. The portal has great advantage as it can be used across organization with different locations and help to centralize the Procurement activities.

P2P Solutions at lonar technologies Pune India

FUNCTIONALITIES

  • Centralizes purchases of all departments at corporate level

  • Digitizes and streamlines all purchasing activities for an organization

  • The cycle facilitates the flow of different activities like budgeting, raising purchase request, purchase order, Shipment/ Receiving, invoicing and payments efficiently

  • Can be seamlessly integrated with Oracle eBusiness Suite

  • Makes the entire P2P cycle easy to use and hassle free

Lonar Technologies proprietary product Procure Payment Cycle

FEATURES

Purchaser

  • Can request for purchases from different departments

  • Purchases can be linked to budgets to track the flow of consumption

  • P2P enables complete transparency between the vendors and organization pertaining to the status of request, orders, deliverables, payments, etc

  • User and roles can be customized

  • MIS reporting is available

  • Automated email notifications for various processes

Vendor

  • Paperless and hassle-free registration

  • Dedicated vendor access

  • Can upload business and product information

  • Directly see the status of invoices, delivery and payments

ADVANTAGES

  • Purchasing cycle goes paperless

  • Easy access to different Purchase Orders, Invoices, Shipments, etc

  • Increases coherency in communication between organization and vendors regarding purchases

  • Facilitates easy vendor on boarding and management

  • Purchasing from various departments of an organization can be made effortless

P2P Solutions at Lonat Technologies Pune and Mumbai.

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