Procure-to-Pay Management

MHC’s procure-to-pay solutions provide instant visibility to help you manage cash more effectively, reduce administrative spend, improve communication and optimize decision-making

Streamline Procure-to-Pay Processes

Procure-to-pay processes (P2P) include requisitioning, purchasing, receiving, invoicing and paying for goods and services. Given the data complexity, transaction volume and large number of people involved in those processes, there are common challenges faced by large and small organizations alike.

Solve Common P2P Challenges

Reduce delays in the procure-to-pay process and take advantage of early payment discount opportunities.

Incorrect data perpetuates issues and duplicates efforts. By implementing the right P2P solutions, your team can reduce errors because they no longer need to manually key in data or jump from system to system, which reduces productivity — further perpetuating errors in the process.

Maintain compliant practices with defined workflow rules and visibility into the entire P2P process. Compliance teams can report on all activities and interactions, both internally and externally.

Internal and external miscommunications can cause a negative impact to the bottom line. Reduce miscommunications by integrating and automating the P2P process even if you have disparate enterprise systems involved in the process.

A lack of visibility into the entire P2P cycle is a major problem for many organizations. MHC’s solutions directly integrate with your enterprise systems to provide one-click interactions, where you can drill into supporting documents and data with ease.

Reduce expenses by automating procure-to-pay processes with MHC’s enterprise solutions. Reduce the time spent processing payments, purchase orders, invoices and more and take advantage of early payment discounts. The opportunities for cost savings are limitless!

Key Documents & Transactions

Leverage turnkey solutions that are flexible enough to meet the precise needs of your organization. From outbound documents and transactions automatically created and distributed, such as purchase orders and AP payments, to documents and transactions captured as they are received, MHC enables real-time access to information.

MHC AUTOMATION VIDEO

AP Invoice Automation Solution Overview

Increase Productivity for All Users

Requestors

Controlled process for requisitions
Automate and enhance approval process with visibility
Ability to attach and retain supporting documentation, such as bids & quotes
Submit payment requests online when invoices do not exist

Buyers

Controlled process for POs
Ability to request additional information and view full requisition details
View/attach supporting documents
Retrieve packing slip images with one-click
Upload and view contracts & agreements
Visibility into PO/invoice line issues

Receivers

Upload receiving documents
Validate purchase orders
Better manage split shipments

Requisition & invoice approvers

Approvers follow a standardized process
Validated general ledger coding
Automated, electronic approvals
Visible supporting documents
Audited actions

Your vendors

Receive clear, concise PO documents electronically
Are paid faster via ACH
Minimize their calls and emails into AP
Can leverage vendor document self-service to view agreements, POs, 1099s, payments and more

AP processors

Decrease data entry with OCR-powered capture
Electronic routing and approval
Auto-generation of payments
Electronic payments based on vendor setup
Electronic remittances show exactly what is being paid
Reduce late payments and increase discount opportunities

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MHC Buyer’s Guide

Find out how MHC solutions can help your business accelerate automation.

We have been able to gain efficiencies in processing, auditing, approving, transportation, storage, research and interaction with our vendors. The feedback from every type of user has been extremely positive.

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Procure-to-Pay Management

Streamline Procure-to-Pay Processes

Solve Common P2P Challenges

Delays

Errors

Compliance Issues

Miss-communications

Lack of Visibility

Extra Expenses

Key Documents & Transactions

AP Invoice Automation Solution Overview