Procure-to-Pay Solutions Overview
Exela’s Procure to Pay (P2P) suite offers a complete solution that takes you from procurement to payment in one simple, streamlined, paperless interface. Designed to help you manage every step of the P2P process, our solution suite brings costs down, reduces non-PO spend and procurement errors, and improves turnaround times. Let us help out with your P2P process so you can devote more resources to doing what you do best.
Reduction in Internal Cost
Turnaround Time on Invoices Received
Labor with Minimal Manual Interaction
AP Invoice Digitization Achieved
Simplify AP and Streamline Supply Chain Management with a Single, Intuitive Platform
Our platform offers AP automation and features a single integrated environment for easy collaboration between buyers, suppliers, shared service providers, and financial institutions. Maintain greater visibility into the AP process, reduce administrative costs, improve cash flows, take advantage of dynamic discounting opportunities, and build stronger partner relationships.
Communicate and Transact in a Secure Messaging System
Our Exchange for Bills and Payment (XBP) platform creates a convenient hub in which billers and payers can connect, communicate, and transact with reduced friction, making the entire process faster, more flexible, and more transparent. XBP is a unique digital payments platform that gives organizations and individuals the ability to send bills and receive payments via direct messaging to accelerate payments and pre-empt delinquencies.
Intelligent Automated System Streamlines Procurement Management
Our P2P platform offers a unified, do-it-all procurement system that organizes your needs, coordinates your departments, connects you with suppliers, helps you find the best price, tracks your deliverables, and helps manage your stock. Use our intelligent tools to lower your costs, improve your efficiency, and easily manage your supplier network.
Smart Expense Management from the office or the road
Our platform includes expense management tools to simplify travel and entertainment expense tracking and streamline approvals and reimbursements. Using a cloud-based reporting and reimbursement system along with an integrated mobile app, we designed a smart solution configurable to your workflows and approval process. Our system can fully integrate into your existing accounting and ERP software. Take the hassle out of expense management while simultaneously strengthening your company reimbursement policies and improving your employee experience.