Yardi Procure to Pay™ provides an integrated and automated
purchase-to-pay solution with the SiteStuff™ online catalog and Yardi PAYscan™
electronic invoice processing. By centralizing procurement and invoice
processing in the single Yardi Voyager™ platform, Yardi Procure to Pay
enforces a consistent approval process, eliminates unauthorised spending,
reduces product costs, and provides oversight of purchasing and accounts payable
that increases operational efficiency.
Immediate Savings
The online SiteStuff catalog is a
one-stop shop for procurement, offering a purchasing experience that leverages
the buying power of 1.5 billion square feet. The catalog features more than
350,000 products that support all building operation needs, including
sustainable sustainable and green products from SiteStuff’s GreenStuff
selection. SiteStuff negotiates all maintenance, repair, and operating product
contracts with manufacturers and distributors for you, and passes on the savings
— typically an additional 5-10% — providing an immediate ROI.
Key Features :
Fully integrated and automated purchase-to-pay process
Comprehensive online catalog with industry-defined items
Automatic budget checking with spending limits
Automated online approval process with notifications
POs matched to invoices to eliminate overpayment
Intelligent oversight of procurement and AP
A/P Automation
Yardi Procure to Pay includes Yardi
PAYscan, an integrated solution that automates invoice processing and
significantly reduces cost per invoice. Scanned invoices are converted into
electronic images that are automatically coded and routed online for approval,
which improves productivity and decreases cycle time. Timely payments are made
by EFT or check.
Yardi PAYscan eliminates the expense of copying, mailing, and
storing paper, and minimises employee ‘touch points’ that can lead to lost
invoices, data entry errors, and late payments. And if you choose to outsource
invoice processing with Yardi, your staff will be completely freed from in-house
invoice handling to focus on higher-value tasks.
Key Features:
Electronic invoice processing with automatic coding
User defined online approval workflow with automatic routing
Timely payments to vendors via EFT or check
Permanent invoice image storage in Voyager
Outsource option for full-service invoice processing
