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International oil and gas venture management software used by hundreds of companies in more than 65 countries
 

 

Supplier Relationship Management


Navigate the International Payment Process with Built-In Experience


Supplier Relationship Management is a unique multi-currency solution for international procurement and accounts payable operations.  Users in more than 60 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.


IDEAS Supplier Relationship Management provides a comprehensive procure to pay solution for multi-national operations.


Supplier Relationship Management modules include:


  • Requisitioning
  • Purchasing
  • Accounts Payable and Electronic Banking
  • Purchase Taxes and Tax Withholding Management

IDEAS Supplier Relationship Management enables you to:


Record the Business


  • Import AP invoices electronically
  • Reconcile cash accounts by electronic bank interface
  • Scan invoice images and attach to transactional data
  • Interface to electronic payment and cash management systems
  • Automatically generate recurring invoices
  • Process inter-company payables with automated accounting
  • Prepare checks including amount in words in the local language
  • Process inter-company payables with automated accounting
  • Partially pay invoices, void checks and reinstate invoices
  • Automatically calculate due dates and discount amounts
  • Automatically generate recurring invoices
  • Establish types of purchase documents including purchase orders,  service orders and contracts
  • Automatically incorporate standard clause text into the purchase order
  • Automatically convert requisitions received into purchase orders or contracts
  • Purchase in a currency other than the currency in which requisitioned
  • Consolidate multiple requisitions into a single purchase order
  • Prepare purchase orders in any currency
  • Process multiple invoices per purchase order

Manage the Business


  • Customize purchase order forms through the Purchase Document Form Designer
  • Process and control master agreements with blanket purchase order features
  • Track amendments to purchase orders
  • Control the procurement process through senior buyer approval
  • Track documents through comprehensive reporting and inquiry
  • Ensure appropriate payment to supplier by invoice matching and tolerance checking
  • Comply with local requirements for value added and withholding taxes
  • Capture, monitor and record use tax and other incremental taxes
  • Reconcile cash accounts by electronic bank interface
  • Interface to electronic payment and cash management systems
  • Interface to laser check printing systems
  • Identify duplicate invoices
  • Project cash requirements based upon selected criteria