Infor Nexus Procure-to-Pay Automation Description

With the rapid increase in both the volume and velocity of data, maintaining high standards of data quality and process efficiency has become a more complex challenge. Nevertheless, if managed effectively, this vast amount of data can pave the way for new business opportunities. The Infor Nexus network enhances the procure-to-pay workflow and establishes a unified version of the truth across various ERPs and other disconnected systems. By automating processes such as document generation, order management, and collaboration, organizations can create more accurate and compliant transactions, which leads to lower costs and enhanced supplier performance. The network facilitates order management and collaboration, ensuring that businesses receive immediate alerts about any emerging issues, thereby helping to prevent stock shortages and minimize the necessity for expedited shipments. As negotiations and updates occur in real time online, the data is continuously updated in the ERP system, ensuring that all stakeholders remain aligned and informed throughout the process. This integrated approach not only boosts operational efficiency but also fosters stronger partnerships between businesses and their suppliers.

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Company Details

Company:
Infor
Year Founded:
2002
Headquarters:
United States
Website:
www.infor.com/products/supply-chain-management/procure-to-pay

Media

Infor Nexus Procure-to-Pay Automation Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
Training Videos
Customer Support
Business Hours
Live Rep (24/7)
Online Support

Infor Nexus Procure-to-Pay Automation Features and Options

Procure to Pay Software

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

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