WORKFLOW365 PAYMENT APPROVAL MANAGER
Automation of purchasing / payment requests.
Our solution automates approval processes of payment
requests to partners and third parties:
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This product helps to significantly cut payment approval time, and to ensure that only approved requests are paid;
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Employees can create payment requests and send them for approval;
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Once a request gets approved by all decision makers, it is automatically sent for payment;
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Up-to-date information about the request's approval chain and current status;
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Employees can review and approve even if they are not in the office;
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24/7 access to information.
Work gets done faster:
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Internet-based processing: can be done while not in the office;
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Approval process visualization (current step; who is reviewing the request now;
final status).
Reliability:
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Geo replication, built-in backup, 24/7 data access;
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Electronic documents do not get lost and are easily recoverable;
Security:
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Avoid unnecessary or unauthorized spending;
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Rights management for creating and viewing requests;
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Rights management for roles, approval routes, and creation of new users;
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Preventing data deletion.
WHAT DO CUSTOMERS SAY?
This product has helped us bring order to day-to-day operations, shorten payment times for invoices and partner payments by around 15-20%.
– An investment company, 100 users, 200 monthly payment requests