NetSuite introduces Procure-to-pay capabilities

NetSuite has unveiled its transformative next-generation procure-to-pay capabilities to help transform business efficiency, simplify the user experience, improve control over spend visibility across the entire organization and drive profitability.

The capabilities are built within NetSuite’s cloud-based business management software suite.

NetSuite’s commerce-ready procure-to-pay makes entering employee requisitions easier than ever before and delivers a superior B2C-like shopping experience with an intuitive, simplified purchasing flow and user interface.

Company officials said it also allows employees to make intelligent purchases at the right time at the right cost with an intuitive, simplified workflow and user interface.

Employees can also buy receive and expense goods over a fixed period of time following one single set of negotiations with a vendor.

Busy business users can save time by establishing role-based and rule-based limits on purchases. Procure-to-pay also has procurement dashboards, self service vendor center and global vendor management.

Procure-to-pay is a component of NetSuite’s cloud business management software suite which helps to create efficiency and global visibility in the procure-to-pay process.

With NetSuite’s Procure-to-pay businesses can also eliminate errors from manual processes and multiple point solution, streamline business processes, gain real time visibility, save time and drive business and deliver superior vendor and user experience.

“NetSuite’s cloud procure-to-pay empowers our customers with real-time spend management knowledge which they can then confidently use as the basis for making smarter purchasing decisions,” saidEvan Goldberg, NetSuite founder and chief technology officer.

Few days ago, Capgemini implemented a new equipment and supply online ordering system for Domino’s Pizza franchisees.

Also, American Express Global Business Travel (GBT), Colette by Colette Hayman and Qlik deployed NetSuite OneWorld, meanwhile Billabong selected NetSuite SuiteCommerce.

Last month, HP deployed NetSuite OneWorld for business management within its software business.

Shilpa Khatri
[email protected]

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