Move away from traditional AP processes
Corporate Cards and Procurement Cards in conjunction with an Expense Management System, offer a streamlined approach to the processing of low-value, high-volume transactions.
In a traditional AP process, hold-ups and manual re-work can extend the duration (and therefore the cost) of the process considerably. The diagram below shows how ProMaster in conjunction with a procurement card can be used to streamline supplier payment.
Imagine if your suppliers started sending line-item detail and all of your coding data?
We’re working with the Digital Business Council to make this dream a reality and offer a fully electronic, automated invoicing experience. With extra information flowing directly from the ordering portal or booking system, we can map elements to drive coding, highlight exceptions and afford better visibility of procurement spend.