AcceLIM’s approach to Procure to Pay, which we refer to as Supply Side Order Management, starts with the pricing/quote stage of sourcing, followed by procurement of goods and services. The procure to pay cycle includes the generation of purchase orders and confirmation of goods receipt with incoming materials inspected and posted into inventory, and the final activity in the cycle is supplier payment, which consists of: receiving, entering and checking a vendor's invoice for accuracy; addressing any discrepancies and attaining any required approvals; and sending the final, corrected transaction on to your payment registry to be submitted for payment at the proper time.
AcceLIM’s unique approach to automating the supply side order management process gives you all the standard advantages of automation including increased productivity, swifter processing, fewer errors and lower costs. But several aspects of AcceLIM’s system also result in far swifter discrepancy resolution and approval cycle times, much greater control over the entire supply side order management process and subsequently reduced risk of interruptions to your supply chain.
Before we automate your processes, we help you decide on the parameterized business rules that will dictate how your AcceLIM automated system will function. We come to you with a workbook that helps you quickly and easily identify the business rules that already exist in your processes, but more importantly we also offer suggestions based on what we’ve seen other customers in your industry use to achieve the kind of metrics you’d like, and we tailor those best practices to work ideally for you.
Keeping just-in-time inventory synchronized with suppliers’ production schedules may require much more data than simply what’s been ordered, received and invoiced, and AcceLIM’s software capabilities go far beyond such a simple three-way match. Your AcceLIM automated system can be set up to generate alerts for early warnings on order confirmations and shipment notifications, shifts in production schedules, and can accommodate multiple points of receipt. Our technology can scale to whatever level of detail is needed for each individual order regardless of how complex or simple it may be. We can audit receiving transactions and match to virtually any supply side order management transaction, allowing you to choose the level of control that’s essential to meet your goals.
AcceLIM’s cloud unites your team by eliminating geographic barriers and having clear lines of responsibility built into the system for every possible discrepancy. Once you’re up and running with AcceLIM, information and documentation for all discrepancies appears on the desktop of the exact employees who need to resolve them. Because everyone on the team has a 360 degree view of the transactions, people are highly motivated to correct their discrepancies quickly and address recurring issues. Over time this leads to vastly reduced discrepancy rates, higher productivity, and better relationships within your team.
AcceLIM has been a cloud-based service from the very beginning, and we know how to make the most of it. We offer business process as a service with just the right blend of automation and human oversight as well as the perfect balance between tasks that AcceLIM takes over and those you maintain control of. AcceLIM automates the clerical busywork and improves processes, communication and control while freeing your staff to focus on their business-critical tasks: sourcing, managing supplier relations, resolving transactional discrepancies, managing cash flow, and overseeing audits and compliance.
The reason we’re able to do all this and do it well is that inside our cloud there’s much more than our powerful software. We also have highly skilled people whose work complements the software, filling the gaps where automation has its limits, and we have processes that reflect the best practices of your industry. Ours is a highly effective blend of people, processes and technology that, together, make your system as efficient and accurate as possible.