Review and approve the requisition and purchase order instead of waiting for the invoice to arrive before signing off on the purchase. With a user-friendly system for purchase-to-pay, you steer the purchase towards selected suppliers, lowering both costs and time spent on the purchasing process.
Administration is reduced for the finance department, which can devote more time to negotiate favorable agreements and discounts with indirect suppliers.
When purchasing and invoice management are digitally transformed, a large amount of data becomes accessible. Rillion’s solutions bring advanced functionality for analysis and reporting, and it’s easy to work with the key ratios and KPIs that grow your business.
Examples of information that can easily be accessed by Rillion include total spend per supplier, average invoice processing time, payment forecasts, budget vs actual spend, and many more reports that can be produced with just a few clicks.
"With our contracts being matched to vendor invoices for over 300 locations, Rillion has reduced our manual workload and really optimized our AP operations."
Carrie Self CPA | Tacala