Achieve P2P Automation Using Your Existing PO and ERP Systems
Create full P2P automation by simply adding the invoice automation piece to your existing PO and ERP systems - no need to replace them!
The Challenge of Full Automation with Existing Systems
Your mandate is to decrease processing costs, improve efficiency, and gain visibility into your financial spend. Your mission is to provide and honor Service Level Agreements within your AP operations to turn around supplier invoices in a timely manner. You have deployed PO and ERP systems that provide you with procurement process automation, but matching your invoices to a PO remains a very cumbersome process. This means you still have to manually match invoices against their PO, guess supplier errors, reconcile non-PO invoices or contract based purchases, and sometimes even physically key invoices into your ERP for payment. In other words, you have the "Procure" and the "Pay" but you are missing the most important piece that links the two together: the Invoice Automation piece.
The Solution is Invoice Automation
Prodagio AP’s invoice automation brings it all together. Prodagio continues the flow of information from your existing PO system all the way into your ERP system to form a fully automated P2P solution. Whether your current state requires imaging and workflow capabilities or a fully integrated e-invoicing application linked to multiple PO and ERP systems or Contract Lifecycle Management systems, Prodagio AP will help you achieve full procure-to-pay automation.
- Any Invoice, Any Source - A company’s needs are different, which is why Prodagio offers several premier solutions to automate any invoice that you receive. We offer front-end scanning and advanced data extraction for organizations who receive paper. We also help companies transition to e-invoicing by supporting EDI, invoice upload, PO Flip, and connecting to OB10’s industry-leading global supplier network.
- Automate All Transactions; PO, Non-PO, or Exceptions - Prodagio AP automatically matches PO invoice header and line-item details against your PO system using the Prodagio rules engine and flags any inconsistencies, errors, or variances. Non-PO invoices and expense invoices can automatically be validated against your business rules or even contract terms, ensuring contract compliance . Prodagio AP can connect to any CLM system or you can implement Prodagio Contract as part of your process improvement initiative.
- Connect to Any Existing PO or ERP System - – Other systems require you to consolidate the P2P process under a single system costing you unnecessary time and money. Save time and money by leveraging your existing Oracle, JD Edwards, PeopleSoft, SAP, or homegrown solutions. Prodagio AP is able to connect to any existing PO or ERP system to create a complete P2P solution.
- Gain Real-Time Business Intelligence - Prodagio AP consolidates multiple systems within one flexible interface to give you valuable real-time business intelligence across your entire organization. Get visibility into your operations with metrics, exception data, and resolution tracking. Improve process efficiency by identifying bottlenecks and slowdowns. On-demand reporting helps you control direct and in-direct spend.
The Prodagio Difference
Shared service organizations, large decentralized companies, and companies who have gone through acquisitions/mergers often find themselves in a unique situation - they have multiple instances of PO or ERP systems and no continuity between the systems. Other systems require you to consolidate under one system, but with Prodagio AP you have ONE single integrated application connecting simultaneously to your multiple systems without the need to consolidate them. Prodagio AP’s unique Data Gateway allows for seamless integration into practically any system, including any PO, ERP, accounting, or CLM system using a single flexible interface.
Prodagio AP sits outside of your existing systems which means no customization has to be done to your existing systems. No customization allows for rapid deployment of the P2P solution so you can focus on your business instead of an expensive and lengthy integration processes.
Prodagio AP is the only solution that FULLY automates all invoice types; PO invoices, non-PO invoices, contract based invoices, and exceptions. Exceptions are automated using patented resolution logic, which allows the system to flag and offer fixes for duplicate invoices, missing PO numbers, price changes, etc.
Prodagio AP provides the end user a single interface from which to view all P2P processes, providing visibility across your entire organization. Users can view metrics, on-demand reports, and task items in a clear and concise manner that promotes operational and financial performance.
Prodagio AP can be deployed on the cloud or on-premise. Either way you choose, you can still securely connect with existing systems and you will receive the same measurable benefits that only Prodagio’s invoice automation can deliver. Prodagio Cloud is the preferred choice for customers who have limited IT support, as we manage the system for you.