Lack of visibility in to Order or Requisition Status
Processing delays
Internal control weaknesses
Our Procurement Solution
01
One Dashboard to Track, Approve and Analyze
Full Visibility in to Ordering process – Assembly line view of Quotations, Selection and Onboarding, Delivery, Invoicing and Payment
02
One Digital mailroom for receiving all Quotations
Receive and Compare Quotations digitally
03
Automated Vendor on boarding process with Vendor Compliance checks
Vendor Self service tools, Vendor Documentation collation and KYC checks
04
Easy to configure Approval workflows and Procurement policies
Multi-dimension Approval Workflows as per Board Approved Authorization matrix
05
Auto escalations to prevent processing delays
Create your own Custom Escalation rules to speed up the Approval process
06
Automated matching of Invoice with PO and Goods Receipt (2-3 Way Match)
Auto match Quantity and Price and Resolve Discrepancies
07
System driven automated controls with comprehensive Audit trail
Quotations, Attachments, Approval trail and Communication, All saved in one place
Save Time during Audits and Internal reviews
Scorecard
99% +
Process Invoices in 24 hours
90% +
Reduction in clerical errors
5X
Stakeholder Satisfaction - Business teams and Auditors
Testimonials
Bhavesh Rawal
Finance Controller - Avanse Financial Services
The Setlmint system has helped us digitise our entire vendor payment processing, right from the approval to flowing auto accounting entries in our GL system, system is quite user friendly (led to quick adoption) and flexible enough to take care of the changed business requirements.
Chintan Patel
Head Accounts Payable - Beardo
Setlmint platform has helped us streamline P2P process covering key aspects of controls and automations. The team has always been supportive and open to tailor business specific requirements.
Bala Krishna
Finance Controller - Knight Frank India
A highly skilled and experienced team to understand our requirements and implement the same in a timely manner.