You can now use Vendor Payment Instruments to create and update Vendor Bank details on the Vendor profile. If you have proper access rights, you can add bank account number and routing number. Only one bank account can be a default bank. You can update payment instruments and you can also delete them. You can… Continue reading Procure to Pay – Vendor Payment Instruments
Tag: P2P
Proposal for Implementing P2P Workflows
Requirement EVersum has expressed their desire to establish an approval process that efficiently manages the purchase invoice, proforma invoice, and payment approval process. The process aims to provide a streamlined and efficient approach for managing the approval process while ensuring appropriate financial control and oversight. Each step needs to be done only by authorized users,… Continue reading Proposal for Implementing P2P Workflows
Procure to Pay : Process Details as per Exact Module( Suite success Edition)
1. Procure to Pay Procurement & Replenishment covers all aspects of item procurement, item movements between locations, and accounts payable processing. User Stories ID Title User Story 1.0 Procurement Strategy The Procurement Manager and accounting staff will define the procurement strategy.Ensure there is a defined a procurement reporting strategy which supports the procurement strategy through accurate… Continue reading Procure to Pay : Process Details as per Exact Module( Suite success Edition)