Corpay's PO Automation is a comprehensive solution designed to streamline and enhance the purchase order process for businesses. This innovative tool automates the generation, processing, and approval of purchase orders, significantly reducing manual work and potential errors.

Key Features

Automated PO Processing Simplifies the entire purchase order lifecycle

• Automatic generation, processing, and approval of PO requests
• Routing of requests to approvers based on purchase type, amount, and department

Mobile Functionality Enables on-the-go management of purchase orders

• Request and approve POs from anywhere
• Increased flexibility for remote work scenarios

Advanced Matching Capabilities Enhances accuracy and reduces manual intervention

• 2 and 3-way matching functionality
• Intuitive matching and variance thresholds to minimize exceptions

ERP Integration Seamlessly connects with existing systems

• Synchronization with various ERP systems
• Automatic syncing of coded PO lines to ERP

Benefits

Time and Cost Savings Dramatically improves efficiency in procurement processes

• Reduction of procurement-to-pay workflows by up to 50%
• Potential cost reduction of up to 80% through AP automation

Enhanced Visibility Provides real-time insights into purchasing activities

• Consolidated view of total orders, outgoing dollars, and status
• Improved monitoring of purchase needs across the organization

Faster Ordering Process Accelerates procurement of essential business items

• Integration with punch-out catalogs (e.g., Office Depot, Amazon)
• Fast invoice matching for touchless AP processing
• Automated PO approval notifications for vendors