Procurement iPOS
iPOS is a purchasing tool designed for Infor FMS SunSystems users who want to minimise the cost of purchasing and deliver measurable ‘bottom line’ savings to the organisation.
Using the power of the internet users are released from the constraints of paper based requisitioning and approval; whilst managers have full visibility of costs from requisition to payment.
iPOS & Infor FMS SunSystems
iPOS is the procurement product available to all Infor FMS SunSystems users as a result of Infor concluding an OEM agreement with the authors for iPOS worldwide. iPOS for Infor FMS SunSystems is the only product to integrate with Infor SunSystems on the MS SQL and Oracle platform for all versions of SunSystems.
iPOS Enterprise
The iPOS solution offers order to pay process cycle, workflow for all business processes, process and procurement analytics. It is the only product built exclusively for Infor FMS SunSystems and has seamless integration to Infor SunSystems. This offers exceptional business benefits with the lowest cost of ownership of any procurement solution for Infor FMS SunSystems.
There are currently multiple sites in 18 countries with over 15,000 users. iPOS for Infor FMS SunSystems offers solutions for:
- Electronic procure to pay
- Electronic invoice processing
- Workflow & business processing
- Procurement and process analytics
- Connection integration to any source
- Vision for iPOS
- eLearning for user self training
- Punchout to 3rd party internet sites
- Electronic integration to 3rd party logistic sites
The eProcurement solution package:
- iPOS Purchase to Pay caters for all procurement business processes from requisitions & orders to invoice processing. iPOS is a web based procure to pay process built specifically for Infor SunSystems.
- iPOS 3P provides business automation between people, corporate procedures and applications. Numbers of clients have taken 3P beyond the procurement cycle and have addressed process issues concerning staff, inventory and customers.
- iPOS Analytics is a sophisticated presentation of the spend information that delivers in a powerful visual metaphor. The information is available as a classic dashboard and standard reports. It goes further in making sense of your information by presenting in a unique heat-map style or Google map.
- iPOS Connections joins up diverse and inter dependant systems to create enterprise solutions by acting as a hub for system to system data traffc. iPOS Connections leverages your existing investment in management systems and provides a platform to connect systems to each other now and in the future.
- eLearning for iPOS provides on-demand training of “how to” within iPOS procurement and saves a great amount of time and money. It helps casual and infrequent system users learn how to perform steps for their tasks. It also supports the transition of people as they move to new roles with new responsibilities.
It has been deployed in the following sectors:
- Public sector
- Service industry
- Member organisations
- Oil & Gas
- Financial services
- Credit unions
- Not for profit
- Hospitality
- Aged care sector
- Education
- Housing Associations
- Media
- Retail
- Insurance
eProcurement benefits at a glance
A. Digitise your Procurement ProcessesDigitising your manual procurement processes eliminates costly administration and data inconsistencies. iPOS offers a complete business process automation capability that will reach beyond the finance department. As a result, companies can quickly turn the advantages of improved governance, compliance with internal requirements and audit visibility into a positive return on investment.
iPOS 3P extends your digital activities beyond the procure to pay cycle and can be easily used for other processes such as those involving staff, suppliers and customers.
B. Embrace e-Commerce
iPOS caters for full electronic commerce – it allows you to fill your shopping basket from approved supplier web sites, send electronic orders and receive paperless electronic invoices. The ability to manage electronic transactions at any stage of the ‘procure to pay’ cycle offers great flexibility for integrating to other systems, like 3rd party logistic or asset maintenance systems.
Purchase Invoice Automation (scanning paper invoices for approval purposes) reduces;
The tracking of ‘lost’ invoices
- Late payment penalties
- Physical storage space and costs;
C. Eliminate the surprises
iPOS gives the user total visibility of all procurement spend, measuring actual against budget at each step of the cycle. The spend pipeline is visible to all authorised users for enquiry at any stage.
The user has a number of approaches to ensure visibility and reporting of spend, by iPOS workflow rules and extensive, user-relevant reporting options. Ad-hoc searches and enquiries are achieved within iPOS search and optionally through the powerful Advanced Inquiry for iPOS drill-anywhere tool.
D. Works ‘out of the box’ with Infor SunSystems
True integration to the financial system is a vital step to lower the on-going cost of ownership and ensure high data integrity of any purchasing initiative. Unlike all other e-procurement solutions, iPOS has been specifically designed for Infor SunSystems.
All relevant Infor SunSystems settings are immediately available to, and obeyed by, iPOS. The area that is often overlooked in levels of importance is ongoing amendments, like turning on an extra analysis code. iPOS avoids the costly penalties that many other systems attract – it is the only solution dedicated to Infor SunSystems.
