Payment: Invoice ManagementNo compa

Payment: Invoice Management
No company can afford to survive without monitoring payments and open invoices. Although such
services and features can be brokered to third-party providers, it is the responsibility of the market
sponsor to create the payment work flow. The software should also support billing, shipping status,
and term-contracts functionality so that the procurement process—from order placement to order
fulfillment—is one integrated, end-to-end service. The specific functionality in the payment work flow
includes
• Invoicing and billing. —This module is designed to look after all aspects of entering and processing
invoices from multiple suppliers. The long-term recording of all incoming and outgoing
invoices allows you to check all invoices. In addition, payment conditions for customers and
suppliers are stored so that they can be accessed by other programs. The billing system provides
the mechanisms for billing account management, including functionality that enables such tasks
as account setup, product subscriptions, statement processing, and account review.
• Payment. —Payment processing is a key component of any successful procurement software
package. The software's payment module must support extended capabilities, such as credit
card processing, providing line of credit, placing payments in escrow, withholding taxes, and any
cross-border trade requirements that apply in order for the full potential of e-procurement best
practices to be realized.
• Reporting. —Solid, accurate reporting of information is the key to process optimization and cost
reduction. A good procurement system should track what was purchased, by whom, from whom,
at what price, and how long it took to complete each step of the cycle. This information is invaluable
when negotiating with suppliers and for month-end reconciliation.

Hasil (Bahasa Indonesia) 1:

Payment: Invoice ManagementNo company can afford to survive without monitoring payments and open invoices. Although suchservices and features can be brokered to third-party providers, it is the responsibility of the marketsponsor to create the payment work flow. The software should also support billing, shipping status,and term-contracts functionality so that the procurement process—from order placement to orderfulfillment—is one integrated, end-to-end service. The specific functionality in the payment work flowincludes• Invoicing and billing. —This module is designed to look after all aspects of entering and processinginvoices from multiple suppliers. The long-term recording of all incoming and outgoinginvoices allows you to check all invoices. In addition, payment conditions for customers andsuppliers are stored so that they can be accessed by other programs. The billing system providesthe mechanisms for billing account management, including functionality that enables such tasksas account setup, product subscriptions, statement processing, and account review.• Payment. —Payment processing is a key component of any successful procurement softwarepackage. The software's payment module must support extended capabilities, such as creditcard processing, providing line of credit, placing payments in escrow, withholding taxes, and anycross-border trade requirements that apply in order for the full potential of e-procurement bestpraktek-praktek yang akan diwujudkan.• Melaporkan. -Padat, akurat pelaporan informasi adalah kunci untuk proses optimasi dan biayapengurangan. Sistem pengadaan yang baik harus melacak apa dibeli, oleh siapa, dari siapa,apa harga, dan berapa lama waktu yang dibutuhkan untuk menyelesaikan setiap langkah dari siklus. Informasi ini tak ternilaiKetika negosiasi dengan pemasok dan untuk rekonsiliasi akhir bulan.