If your company has automated the invoice process, you may still not have maximized savings potential. The reason for this is because the majority of invoices have no purchase order reference and still require manual account assignment and verification. This manual process can be time consuming and prone to errors.
A solution to this problem would be to have the tools and procedures in place to enable requestors to input their own requisition, obtaining direct approval from authorized approvers (budget owners, stakeholders, managers, etc.) and then converting it automatically into a purchase order.
This white paper presents how to implement this simple solution, and what you need to know before doing so. Read this paper to learn the benefits of this solution that will compliment the invoice verification process.
SAP Research Library
