Digitisation of purchasing
Digitise your purchasing processes from requisition to payment – deploy Procure to Pay. Have control over budgets, purchase orders and supplier contracts.
Procure to pay
Automation and error reduction
Minimising human intervention.
Control over financial processes
Instant access to all documents from anywhere.
Save time and increase efficiency
Instant access to all documents from anywhere.
Seamless integration with ERP systems
Connection to ERP and other systems
How does it work?
Documents are automatically retrieved, extracted and verified by the system. They then go through an approval workflow according to company rules and are securely archived. The entire process is interfaced with the ERP system, ensuring a smooth data flow without manual intervention.
Application and approval
Invoice, extraction and approval
Export to accounting system
Payment
Key modules
INOVIO Purchase Order Approval ensures a smooth and transparent process of approving purchases according to company rules. It minimizes errors and delays thanks to the link to budgets and workflow automation.
- definition of approval rules and procedures
- automatic workflow according to order type or amount
- interfacing with budget and other modules
- clear approval status for all involved
INOVIO Contract Management facilitates work with the entire contract lifecycle - from preparation through commenting to approval and storage. The system ensures overview, accountability and continuity with other company processes.
- working with document versions in MS Office
- monitoring of duties and deadlines
- electronic approval and commenting (FlexiFlow)
- connection to invoices and orders
- central storage and access control
INOVIO Corporate Budget brings full control over the planning and spending in the company. It allows you to monitor the current status of the budget and compare planned and actual expenditures across departments and contracts.
- preparation and approval of budgets
- an overview of disbursements according to orders and invoices
- multi-level budgeting (projects, departments, contracts)
- central point for cost management (SPOT)
INOVIO Contract Financial Management allows you to monitor project economics in real time and compare planned costs with reality. All income, costs, calculations and invoicing documents are clearly available in one place.
- records of contracts and their financial progress
- calculations and documents for price quotations
- monitoring costs, revenues and profitability
- connection to invoicing and orders
INOVIO Payment Order Approval provides a secure and transparent process for approving financial transactions. It enables workflow automation according to company rules, multi-level controls and direct connection to banking systems.
- automated approval workflow
- secure connection to banks
- multi-level controls and authorisations
- overview and audit trail
Related modules
INOVIO Invoice automation significantly speeds up the processing of incoming documents - from data extraction to posting. It allows you to set up approval workflow, follow-up control and connection with other agendas.
- automatic data extraction from PDF and scans
- approval of invoices according to company rules
- links to contracts, orders and orders
- export of approved invoices to the accounting system
INOVIO Asset Management provides a complete overview of the organization's fixed and small assets. It provides registration, movements, depreciation and automated linking with accounting and budgeting.
- asset records with the possibility of sorting by type, location or responsible person
- automatic calculations of accounting and tax depreciation
- connection to the purchasing and budget modules of the system
- real-time overview of the movement and current status of assets
INOVIO Warehouse accounting brings accurate and up-to-date control over inventories, material movements and warehouse value.
- real-time tracking of receipts, disbursements and material movements
- automatic updating of stock and stock valuation
- support for inventories and barcodes
- integration with orders, invoices and budget
Connection with accounting systems
Companies that trust us
INOVIO solutions are used by companies of all sizes and industries that want to have control over their purchasing processes and achieve greater efficiency.
