Overview

RazorpayX Source to Pay is a comprehensive procurement software designed to streamline and automate the entire purchase process, from requisitioning goods and services to managing vendors and making payments. It integrates all procurement activities into a single platform, enhancing efficiency, compliance, and cost control.

Features

Advanced Custom Workflows

• Multilayered approval workflows allow rule-based approval automation suited to your organizational needs. Maximum Profitability with Complete Visibility
• Avoid money loss from GST ITC vendor non-compliance.
• Control spends with budgets and department-wise cost centre visibility. Powerful Seamless Integrations
• Real-time data sync and automatic reconciliation for error-free accounting. Meticulous Spend Management
• Assign different budgets to cost centers and control spending.
• Avoid budget over-utilization by auto-declining purchase orders.
• Department-wise spend analytics for accurate forecasting. Advanced Accounts Payables
• Easy payouts with instant, bulk, and scheduled vendor payments.
• Accurate TDS auto-calculation, deduction, and payment on invoices.
• 3-way matching with OCR for error-free invoice processing (PO-GRN-Invoice). Effortless Vendor Management
• Vendor portal for self-onboarding, KYC, and document sharing.
• Automated vendor communication alerts and notifications.
• Account verification with GSTIN to avoid fraudulent payments. Streamlined Procurement
• Plan purchases and track project expenses with purchase orders.
• Create custom approval workflows for better stakeholder management.
• Advanced analytics to monitor spends and plan your cash flow better. Automatic Input Tax Credit Checker
• Identify GST ITC risk and errors from vendor filing or non-compliance.
• Recover credit dues by controlling payment schedules.
• Reconcile your books with ease and maximize your ITC. Real-Time Accounting Integrations
• Automate bill entry in Zoho Books & Tally, with bill attachments.
• Auto-synced to General Ledgers for automatic reconciliation.
• Create smart rules to automate bookkeeping and categorize transactions.

Benefits

• Enhanced financial control and visibility.
• Reduced errors and improved compliance.
• Streamlined procurement and payment processes.
• Better vendor relationships and cost savings.