Infor Nexus Procure-to-Pay Automation Description
As data volume and speed increase, so does the need to maintain data quality and efficiency. If managed correctly, however this mass data can be opened up to new opportunities. The Infor Nexus network streamlines procure-to pay and creates one version of the truth across ERPs and other disparate systems. Businesses can create more compliant transactions by automating document creation, order management, and collaboration. This will reduce costs and improve supplier performance. The network allows businesses to collaborate on orders and manage them. This helps avoid stock-outs and reduces the need for expedited shipping. Online updates and negotiations allow data to be fed back into ERP to keep everyone on the same page.