Author: Avaalicom
Leverage Velocious SRM to Reduce Procurement Costs
With Velocious Supplier Relationship Management enterprises could automate the engagement with their suppliers across the lifecycle, right from RFP/RFI issuance to supplier registration, issuance of PO, receiving of electronic invoices, processing of invoices and intimation of payments. The solution combines the unique features and integrations with the Accounts Payable / ERP solution to deliver a […]
Avaali worked with ADVANZ PHARMA to revamp and optimize its Invoice processing
ADVANZ PHARMA, a large multinational pharmaceutical company headquartered in London, announced the go-live of their Procure to Pay automation project. Avaali worked with ADVANZ PHARMA to revamp and optimize its Invoice processing (Scan to payment) and Finance workflows with SAP Invoice Management Solution by OpenText for SAP S/4 HANA.
A supplier relationship management app for superior supplier management, sourcing, risk, & performance
On the occasion of completing the milestone of 10 years in the industry, Avaali, a company that provides automation solutions for digital business operations, announced a new release of its flagship product, the Velocious Supplier Relationship Management (SRM) application. Velocious SRM is a full-featured, scalable solution to automate the lifecycle of supplier processes including sourcing, […]
How can the global business process automation market feed into the dream of atmanirbharta
In an ever-developing high-tech world, technology has reignited to lead our lives. The changing customers’ outlook in a highly digitalized world has led businesses to incorporate innovative solutions to grow and survive in a competitive economy. AI, Machine Learning, Big Data, and Analytics have led to more synchronized operations of businesses across sectors.
Leverage Velocious SRM to Reduce Your Procurement Cost and Enhance Governance
Effective supplier communications empower an enterprise in increasing visibility, reducing costs, minimizing supplier-related risks and maintaining excellent service deliverability. The key to building relationships with suppliers that are mutually beneficial, strong, and durable is being able to provide them with an experience that is always efficient and personalized. Supplier performance is likely to also improve […]
Good Practices in Procure to Pay Digital Transformation
Procure to Pay processes hold the potential to restrict and tie-down businesses instead of acting as the wind beneath their wings. While these processes can be leveraged to interact and innovate with suppliers, the associated complexities can drive suppliers away and have a negative effect on the bottom line.
New and Emerging Technologies in the Source to Pay process
According to a report, 56% of Source to Pay tasks are fully or largely automatable. This highlights a great opportunity, as more and more companies are rigorously inspecting the core processes that run their business, seeking areas to add efficiency in the Source to pay process.