Leverage Purchasing power for continuous Savings
Centralized Global Vendor Relationships and Keep Vendors Accountable.
Procurement teams negotiate the best rates and minimize contractual penalties, accurate data and consolidated views of purchasing power are paramount. When dealing with complex asset, device, service line or properties invoices this becomes complex and time-consuming. FourQ's Intercompany Financial Management approach automates the vendor invoice management processes and when it comes time for negotiations, supplies procurement officers with the data needed to get the best terms.
HOW FOURQ BENEFITS YOUR PROCUREMENT PROCESSES
Consolidate Purchasing Across the Enterprise
by centralizing vendor relationships and eliminating multiple POs with the same vendor.
Allocate Vendor Invoices Automatically
by touchless recharging vendor invoices back to consuming entities.
Improve Vendor Relationships
through invoice audit and validation ahead of submission and ensure a single, on-time payment back to the vendor.