Supplier Relationship Management

Energy companies in more than 65 countries rely on IDEAS to manage in-country and cross border payments, local purchase tax and withholding compliance and around the globe imaged-based invoice approval processing. They have found that P2’s deep experience and broad expertise is intrinsic to the solutions we offer; in a sense, the best practices we’ve established over three decades in the business are built into our solutions.

Features

Requisitioning

A great deal of your operations is transactional in nature. Speeding and taking the guesswork out of inter-organizational requisitions, IDEAS Supplier Relationship Management automatically incorporates standard clause text into the purchase order and converts requisitions received into purchase orders or contracts.

Purchasing

You need flawless purchasing control, regardless of the currency and native languages of each party involved in the project. In addition to all the features you’d expect in a leading software solution, IDEAS Supplier Relationship Management prepares checks including the amount in words in the local language.

Accounts Payable & Electronic Banking

The age of electronic banking is here, right in time to help you keep up with the accelerating pace and global nature of your business. IDEAS enables you to import AP invoices electronically, reconcile cash accounts by electronic bank interface, scan invoice images and attach them to transactional data, and interface to electronic payment and cash management systems.

Purchase Taxes & Tax Withholding Management

Managing your business in the most profitable way includes comply with and taking advantage of tax codes in every country you operate.

Benefits

Multi-Currency Solution

IDEAS Supplier Relationship Management is a unique multi-currency solution for international procurement and accounts payable operations. 

Lower TCO

It helps control costs and lower TCO by enabling you to consolidate and track global suppliers with one system. A comprehensive procure-to-pay solution for global operations.