Online Purchase Order System
Maximize savings and speed
with paperless POs
Streamline and automate supplier POs in
real time with Cor360 Purchase Order
Best-in-class AP departments realize cost savings of up to 82% per invoice and cut processing time by more than 70%. By removing paper and manual handling from your purchase order processes, you too can realize immediate significant savings in both time and money. But going paperless is a two-way street: even if you issue electronic POs in your ERP, your suppliers must have a way to receive them. Cor360 Purchase Order makes it easy for you to send POs and for suppliers to not only acknowledge them, but instantly turn them into accurate electronic invoices.
Reduce
Payment
Delays
Elimination of paper and manual processes reduces processing time and leads to quicker payment.
Strengthen
Supplier Relationships
Faster processing reduces payment delays and leads to stronger supplier relationships and less complaints.
Save Time, Reduce Errors, and Reduce Costs
Elimination of manual and paper processes reduces costs, reduces errors, and improves efficiency.
Complete Collaboration
Your suppliers are provided with an online supplier portal giving them centralized access to view purchase order status and send order acknowledgements. They can convert POs into accurate invoices at any time.
Total Flexibility
Create PO requisitions and automatically
route them for approval.
Pinpoint Accuracy
With configuration to meet your price, quantity, and freight thresholds, you can trust that invoices are accurate and meet your compliance policies.
Maximum Efficiency
With less back and forth, less waiting for acknowledgements, fewer missed emails, and fewer inaccurate invoices, Cor360 Purchase Order significantly reduces the stress and strain on your buyers, sellers, and supply chain overall.
ERP Integration
The Cor360 Purchase Order automation solution integrates directly into your ERP, and uses your existing PO requisition and approval process to transmit electronic purchase orders to 100% of your suppliers. Suppliers can view POs and convert them into accurate electronic invoices. Suppliers can also view acknowledgment orders and send advance shipment notices (ASNs) instantly.
Did you know?
152%
Best-in-class organizations
are 152% more likely to
use a supplier portal.
49%
49% of respondents that note
eradicating tactical tasks is needed to achieve
higher performance.
76%
More than 3/4 agree “smarter”
systems that drive more efficiencies are necessary to achieve higher performance.
Source: 2020 Ardent Partners AP Metrics that Matter
Using Cor360 Purchase Order is easy, efficient,
and automatic – for you and your suppliers:
Maximize AP process efficiency with paperless POs
Need a business case strategy to break down stakeholder barriers? Talk to us.
Related Accounts Payable Resources
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