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What is a Purchase Requisition? Definition and Process

ivalua

A critical but often overlooked step in managing spend, enforcing policy, and gaining visibility across the procurement process, creating a purchase requisition is the first step in the process. Manual requisition workflows can lead to delays, unapproved spend, and poor visibility. When does a purchase actually begin?

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Automated Invoice Processing: Features and Implementation

ivalua

Manual processes are the root cause of most AP inefficiencies – and they often stem from poor data quality, disconnected systems, and lack of visibility. Learn how Ivalua’s Invoice Software enables you to pay suppliers at the right time, every time, and give all stakeholders visibility into your spend cycle. Find Out More.

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Agents or No, AI or No — The AP function still has a job to do

Spend Matters

Today, we hear not just about automation and AI but about agentic systems, reasoning chains, multi-agent workflows and even LLM-powered copilots that can handle your accounts payable (AP) process from end to end. It has no visibility into approval delays or discount capture. Are we doing it with accuracy, control and visibility?

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Your guide to procurement orchestration

TYA Suite

It offers a smarter, more integrated approach to managing the entire procurement lifecycle, bringing structure, visibility, and agility to every stage of the process. It connects people, processes, and systems to ensure all procurement activities happen in the right order, at the right time, with full visibility and control.

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ERP Procurement: Unify Procurement Workflows Across Multiple ERPs

ivalua

Disconnected supplier records, inconsistent processes, and limited visibility can impair efficiency and open the door to shadow spend. By automating and connecting key procurement steps, ERP systems reduce manual effort, improve compliance, and ensure real-time visibility into spend. The issue extends into spend visibility as well.

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Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement

Jaggaer

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Sourcing professionals must consider the departments involved, the quantity, where they are located and the processes that are used.

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A complete guide to operational procurement

TYA Suite

This request typically includes details like the product specifications, quantities needed, and preferred suppliers. This document includes details like the product or service, agreed-upon price, quantity, and delivery expectations. that offers real-time visibility into orders, inventory, and supplier performance.