Procure to Pay
Streamline your procurement lifecycle with VeroTX’s Procure to Pay solution. From requisition to payment, our tool ensures a seamless and efficient process, integrating automated approvals, supplier collaboration, and real-time reporting for enhanced transparency and financial control.
- Overview
- Procure
- Process
- Pay
Simplify Procurement
- AI-powered tools help you balance risks, accelerate member onboarding, and ensure verification accuracy. What more could you want?
- AI verification ensures a secure and verified trading ecosystem of buyers, sellers, and other trading partners.
- Buyers quickly find the right products using an intuitive search engine.
- Configurable request forms help you keep it simple for your buyers.
- Facilitate negotiation and agreement processes with intermediaries and suppliers
- Review and confirm quotes to meet buying needs. Integrate quotes from third-party applications.
- Utilize AI-enhanced dashboards for enhanced product and market insights.
- Automate the creation of process documents, such as purchase orders, based on approved requests.
- Access real-time documents and reports for transparency.
- Easy-to-use plugins integrate into your core business or ERP systems.
- Automate workflows like goods receipt and payment approval for enhanced efficiency
- Real-time updates and comprehensive Omnichannel communication to improve procurement efficiency.
Verification Made Easy With Artificial Intelligence
Knowing who you’re doing business with is essential to build quality financial relationships.
AI-powered KYB/KYC provides rapid and reliable identity authentication. Plus, having a built-in Anti-Money Laundering procedure improves safety and peace of mind.
