Purchase Order Management
Simplify and customise purchase requisitions
Modernise your purchasing operations with Tipalti PO Management. A powerful, easy-to-use solution that lets you streamline your PO process while gaining greater control over spending and reducing financial and compliance risk.
Manage all spend in one place
Collect purchase requests, manage approvals, and monitor spending without wasting time on repetitive manual tasks—saving your business time and headaches.
Less than 1 month to deploy
spend under management
Capture spend from the beginning
With simple, predefined custom forms, employees can easily submit purchase requests. This centralises control and ensures you collect all critical information upfront, including employee need, amount, budget item, and vendor and billing data.
- See live spend amounts, statuses, and vendor performance information.
- Filter and search all purchase requests from a single, unified view.
- Enable employees to easily track request status.
- Eliminate unapproved spend and bring more purchasing under management.
Automate with rule-based approvals routing
Eliminate approval issues on emails, tickets, and spreadsheets. With automated approval routing, there are no bottlenecks or misassigned stakeholders.
- Define custom policies and rules to auto-route purchase requests to the right approver.
- Assign specific routing rules to new vendor requests and ensure vendors comply with policies.
- Approve or reject with a note, or use the consult feature to involve legal, finance, or IT when needed. Keep tabs on who approved what, when, and why.
- Automatically notify approvers of requests that need their attention with smart notifications.
Streamline your vendor onboarding and management
Custom, self-service registration forms make onboarding vendors quick and frictionless, including collecting contact, financial, and contractual details.
- Ensure compliance and avoid vendor duplicates with a predefined onboarding and approval flow.
- Quickly get access to every vendor’s business information, and search based on smart filters.
- Set automated notifications for contract renewals and renegotiations.
- Sync all vendor data with your ERP vendor master list.
Automatically generate purchase orders
Eliminate the need for manual data entry and reduce errors. Tipalti PO Management creates POs automatically with each approved purchase request.
- Automatically generate POs.
- Customise PO fields according to your needs and required coding.
- Automatically send generated POs to selected vendors.
- Close the finance and procurement loop and streamline 3-way matching by letting requesters easily mark goods as received.
Make spend control and visibility simpler
Requesters can submit requests and generate POs in multiple currencies and subsidiaries, as well as onboard vendors in any subsidiary. A single, global view of all actions provides the control and visibility needed to scale.
- Never forget a purchase order because they’re automatically created on every signed-off request.
- With Slack integration, easily send notifications, streamline approval workflows, and support faster turnaround.
- Get full visibility into your spend pipeline in real-time. Generate powerful reports and provide valuable insights.
- Always know who did what, when, and why; keep all spend data easily searchable and accessible.
Explore the purchase order workflow
See how Tipalti makes the PO process beyond simple and efficient.
Insights from our experts
Keep your payables knowledge sharp with frequently updated insights and strategies.
A round of applause! The time has come to celebrate Finance and…
Moving accounting and finance operations onto Xero has many benefits for finance…
Let’s get more productive
Schedule a demo today and learn how you can take control of your payables.