Tag: accounts payable
Supplier Invoice Management using QAD’s Enterprise Edition Financials
Posted on: March 30, 2020 | By: Andy Vitullo | QAD Financials
The Procure to Pay work-stream contains processes with business internal control concerns. Those processes can include creation of new suppliers, the processing of purchase requisitions, the processing of purchase orders, inbound material receiving, supplier invoice processing and finally the settlement of supplier’s invoices through a business’s banking system. While businesses have upstream controls, it is critical that a supplier invoice is processed only when evidence of approval is available for...