Baltzar supports the separate functions in your information flow and helps you to make sure that all of the important controls are in place - from purchasing to payment.
With Baltzar Business Arena, you have full control through all steps from purchase to payment.
- Once the order is placed, Baltzar Buyer checks it against the terms in the supplier contract in Baltzar Contract. Orders are collected in batches and the required approvals are obtained before placing the order with the supplier.
- When the goods arrive, they are inspected to ensure that they conform with the purchase order and invoice.
- After matching controls have been made, the invoice is sent to accounts payable. Any line items that were not matched with the purchase order and invoice are distributed for approval according to the pre-defined flow in Baltzar Invoice.
- Once account coding and final approval have been made, the invoice is returned to the accounting department where it is recorded and scheduled for payment in the company's ERP system.
With Baltzar Business Arena, you can easily locate any of the information in supplier contracts, purchase orders and invoice. Use this information to create any number of standard reports, or export specific data for making your own reports in Excel.