When issuing an order for delivery of a product or service, an obligation is created. In any event, a strict payment obligation arises following delivery of the product or the service. To maintain an overview of the depletion of budgets it is important to record not only invoices already paid, but also these outstanding obligations.
Benefits of ISP-Purchase Basic
- Prevent unauthorised orders.
- Timely insight into corporate commitments, for accurate financial planning.
- More efficient processing of inbound invoices using 2-Way matching.
- Multi-hierarchical evaluation and approval of workflows.