Enterprise benefits of the IPS Productivity Wrx Supplier Portal

     

    The IPS Productivity Wrx℠ supplier portal delivers benefits across the enterprise:

     

    Accounts Payable

    • Fewer supplier phone calls and e-mails regarding the status of invoices and payments
    • Increased volume of electronic invoices through “PO flip”
    • Reduced keying and manual paper handling
    • Faster and streamlined exceptions resolution
    • End-to-end visibility of supplier invoices received electronically
    • Higher percentage of invoices posted directly to an ERP without operator intervention

     

    Procurement

    • Streamlined supplier onboarding with fewer manual tasks
    • Increased accuracy of supplier information
    • Electronic presentment of purchase orders
    • Stronger supplier relationships
    • Better leverage with suppliers during contract negotiations
    • Enhanced visibility into spend per supplier, category and business unit

     

    CFOs & Controllers

    • Greater adherence of supplier onboarding process
    • Enhanced visibility into cash and spending
    • Segregation of duties and other access controls
    • Streamlined reporting and auditing
    • Easier collection of tax forms

     

    Information Technology

    • Light IT footprint
    • Enhanced tracking and control of data

     

    Selling enterprise stakeholders on these benefits will help win approval for your supplier portal proposal.