Watch a brief video of the WorkPlace Check Request function in action
View a copy of the scanned invoice attachment during Check Request entry
Most organization devise policies and processes to favor Purchase Order (PO) based buying over the non-PO counterpart, but non-PO spending cannot be fully eliminated. Some of the obvious reasons are as follows:
In the absence of a PO, vendor payment is initiated through a Check Request. Through the Paramount WorkPlace Check Request functionality you can manage payment of non-purchase order invoices from vendors in seconds. Link paper invoices with your digital data via robust document management capabilities. And just because the transaction does not reference a PO does not mean that proper approvals should not be sought. Check Requests in Paramount WorkPlace follow an assigned approval workflow. Fully approved Requests are transferred into the ERP system for payment.
Features and Benefits:
Terms & Definitions
A Non-PO Invoice is an invoice used to make a payment to a supplier when a PO is not required/used. Payment for a non-PO invoice typically is initiated with a check request.
A check request is a request for vendor payment that does not initiate from a purchase order.
A requisition is a documented way to request an action or item for delivery by a certain date, department or individual.
A purchase order is a commercial document issued by a buyer to a seller, indicating types, quantities, terms, and agreed prices for products or services.