Supplier Setups for Procure to Pay cycle
Procure to Pay mainly involves the procurement process wherein the purchasing department integrates with the Accounts Payable department. Main modules which are involved in Procure to Pay include: Purchasing, Accounts Payable, General Ledger.
Supplier Setups which are used by Purchasing and Payables determine how the suppliers and their databases can be accessed. The Supplier window can be accessed from Supply Base window in Purchasing responsibility. Basic information regarding Supplier need to be registered which include:
- Supplier Name (as the Organization Name)
- Type of Supplier
o Standard Supplier
o Supplier to process reports of Internal Employees
iSupplier Portal can be used for Supplier User Management for the Buying Company. It acts as a bridge between the buyer and the supplier to communicate key procure to pay information.
iSupplier Portal acts as a medium for:
· Supplier Registration on the Buyer’s portal
· Supplier User Profile Management
· Registering a Supplier Users – Creation of users under the Registered Supplier Account
Link to Demo and detailed setups:
Ø Slides 9 to 16 on the Procure to Pay Demo: http://ibizsoftinc.com/Demo/Procure_To_Pay_Setup_R12.htm