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Optimizing your Processes with ADP Procure-to-Pay
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Invoice Receipt• Electronic invoicing via integration, portal, LIDO• Scan and index for low volume suppliers
Reducing CostsCost Reduction
With ADP P2P• Reduce processing costs• Accelerate processing cycles• Eliminate supplier inquiries
Benefits
Workflow/Approvals• Automated routing and workflow for invoices• Alerts, reminders and escalation procedures
Vendor Self-Service• Visibility to transaction status – reduced inquiries• Collaborative dispute resolution
Supplier Network• Thousands of suppliers transacting everyday• Complete suite of supplier enablement services
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Price Book Compliance• Upload and maintain price books• Ensure compliance with negotiated pricing
Improving ControlRisk Mitigation/Increased Control
With ADP P2P• Increase contract compliance• Reduce invoice exceptions• Increase control over business process
Benefits
Invoice Validation• Validate invoices against pre-defined criteria• Reduce number of errors and exceptions
Control Mechanisms• SAS 70 certification for enhanced controls• Disaster recovery and business continuity
Workflow/Approvals• Automated routing and workflow for invoices• Alerts, reminders and escalation procedures
Price Book Compliance• Upload and maintain price books• Ensure compliance with negotiated pricing
Risk Mitigation/Increased Control
Invoice Validation• Validate invoices against pre-defined criteria• Reduce number of errors and exceptions
Control Mechanisms• SAS 70 certification for enhanced controls• Disaster recovery and business continuity
Workflow/Approvals• Automated routing and workflow for invoices• Alerts, reminders and escalation procedures
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Optimizing Working Capital
With ADP P2P:• Reduce payment costs • Increase discount capture• Accelerate receipt entry
Benefits
Discount Management• Alerts to prompt processing of invoices with discounts• Dynamic discounting on a sliding scale
Working Capital Optimization
Payment Processing• Payments via check, ACH or card• Remittance information delivery
Electronic Receipts• Ability for suppliers to upload electronic receipts• Reconcile invoices with
Reporting & Analytics• Standard and ad hoc reporting capabilities• Dashboards and aging summaries
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The ADP Advantage
• ADP P2P– End-to-end integrated solution for purchasing and finance departments– Modular solution allowing clients to pick and choose functionality– Outsourced scan/capture allows clients to start small and scale up– Price compliance and electronic receipt capabilities increase control– Outsource Supplier Portal and Vendor Payment Services– 10 + Years of Domain and Best Practice Experience– 100% success rate in implementations
• ADP– Over 570,000 clients worldwide; 50+ MM employees served– $1.3 Trillion in client funds moved– World Class, secure payment environment– Leading the industry in compliance accuracy– 1 of 4 AAA rated U.S. Industrial Companies
Offering tight controls, financial stability and AAA credit rating as the foundation for establishing long-term partnerships