PO flipping accelerates the accuracy and approval time in the payment process for requisitions from days to minutes.
Warrington, PA (PRWEB) January 30, 2013
ESM Solutions®’ PO Flip configuration offered in easyPurchase™ enables end-users to convert purchase orders into electronic invoices with one click. With electronic invoices comes the advantage of cloud-based storage, as well as a faster and simpler payment process.
This functionality, available in the Payment tab of easyPurchase, eliminates the time it takes to retype an entire paper-based invoice, as well as reduces errors made in transcribing the invoice details. Instead of retyping redundant information, end-users can conveniently enter the unique purchase order number into easyPurchase and with one click, ESM Solutions transforms the purchase order into an identical electronic invoice to view instantly. This ensures the invoice contains all necessary and agreed upon information to enable Accounts Payable to confirm prices, quantities and other relevant order details.
“PO flipping accelerates the accuracy and approval time in the payment process for requisitions from days to minutes,” said Dan Corazzi, CEO of ESM Solutions. “End-users then spend less time validating invoices, and Accounts Payable has a consolidated view of all invoices in the cloud for seamless integration to their financial system of record.”
The PO Flip functionality also allows for desktop receiving, providing end-users the ability to electronically confirm receipts directly from their desktop or on their tablet, instead of going back and forth between end-users and Accounts Payable to receive confirmation.
For more information on ESM Solutions, visit http://www.esmsolutions.com/.
About ESM Solutions
ESM Solutions gives customers complete control of their spending through an easily implemented, integrated suite of sourcing and purchasing products. With extensive experience in the public and private sectors, our SaaS solutions have been built with the end-user experience as the first priority. Ease of use is important up and down the approval chain to enable efficient and transparent procurement processes. ESM Solutions helps customers meet the operational and management objectives while also accelerating adoption by the end-user community. As the first online procurement provider for public sector, and the first to deliver finger-friendly navigation for smartphones and tablets, ESM Solutions is an innovator, continuing to push the industry forward. http://www.esmsolutions.com/