Procure to Pay

With Ramco OnDemand ERP, you can optimize your procurement cycle and maintain excellent vendor relations.

Ramco OnDemand ERP helps you enhance procurement processes with the right tools and spend disciplines. The solution’s automated and rules-based procure-to-pay processing capabilities optimizes workflow to facilitate improved quality and quantity management, vendor management, and cash flow management.

The ERP, packed with enhanced reporting and communications tools, lets you obtain a comprehensive visibility of your purchases, leading to enhanced collaboration with preferred vendors, reduced transaction-processing costs and errors, and accelerated financial settlement cycles for optimal payment terms.

A complete, end-to-end solution, offered on a Software–as-a-Service model, Ramco OnDemandERP helps you:

Respond to purchase requests for materials, across departments, in a synchronized and timely manner
Maintain vendor history, and rate vendors based on a specific parameters
Compare quotations across vendors
Inspect the quality of goods received, and take the necessary actions for noncompliance and discrepancies
Return the damaged goods for rework
Ensure prompt receipt and payments
Select an appropriate payment method (Check/ DD/ Credit Card/ Direct Debit/LC/RTGS etc.)
Help finance in creating proper adjustment entries against documents received