Procure-to-Pay Processing
Improve your bottom-line profitability—reduce transaction costs and accelerate financial settlement cycles for optimal payment terms with Dell Services® automated Procure-to-Pay Processing solutions.
Challenge
For large enterprises, the lack of a strategy, technologies, and processes for procuring resources, processing orders, remitting payments, and resolving problems may cost millions of dollars each year. An inefficient P2P process can rob an enterprise of available capital through lack of integration and collaboration with preferred vendors, high purchase order and invoice processing error rates, high cost per transaction, and lengthy reconciliation and payment cycles.
Solution
Automated, rules-based P2P processing services from Dell Services optimizes workflow to facilitate collaboration with preferred vendors, reduce transaction-processing costs and errors, and accelerate financial settlement cycles for optimal payment terms. A complete, end-to-end solution, our solutions features a web-enabled portal that gives you greater insight into your P2P process and a deeper understanding of your vendor relationships. Services include:
- Vendor management, including master file setup, maintenance, and Form 1099 reporting
- Invoice processing, including front-end mailroom capabilities and back-end transaction processing
- Problem resolution, including external supplier dispute resolution and internal purchasing policy discrepancy resolution
- Payment processing, including document processing, check printing, and mailing
- Time and expense report processing, including front-end data entry or scanning of T&E reports and supporting receipts, plus compliance review and discrepancy resolution
Results
With Dell Services® automated Procure-to-Pay Processing solutions, your organization can enjoy:
- Tighter integration and collaboration with vendors
- Greater transaction-processing accuracy and reduced costs
- Shorter financial settlement cycles for optimal payment terms
- Faster, more successful problem resolution
- Continuously updated documentation to support Sarbanes-Oxley requirements and internal controls