Gain greater control and visibility over your spending
Consolidate financial reports with high accuracy
Profile verification to help you approve new suppliers
Take part in negotiations and increase savings in your budget
ENSURING A SMOOTH PROCUREMENT AND STAUNCH VENDOR RELATIONSHIP
Necessity drives the entire cycle of Procure to Pay. KGiS helps in identifying the needs for specific goods and services and prepares the generation of specs, and statements of work.
Suitable vendors are identified and inquired about the products/services. Request for quotation is given to the vendors to provide the products/service features and costs.
Creation of Purchase Orders
For requisitions accepted by the vendor, we help you create purchase orders with clear details including item type, price, the number of products purchased, etc.
Approval of Purchase Orders
We serve as a bridge between your supplier and you to facilitate the approval of purchase orders. We help in negotiations and help both parties enter into a legal agreement.
Once the purchase order is approved, the vendor can send you the necessary goods and services for your operations. We help you in the verification of specifications and goods condition, and preparation of receipt.
Following the shipment, the vendor will send you the invoice, outlining the amount and the due date for the payment. From tracking the invoice to making payments to keeping the book, we take care of the complete accounts payables.