VENDOR PAY
Quickly Resolve Errors & Defects
Because Oversight monitors the Procure-to-Pay process and all of its related records in real-time, agencies are able to quickly resolve exceptions before they turn into larger issues. For example:
- Eliminate duplicate vendors, vouchers and invoices – and isolate the process inefficiencies that contribute to creating duplicates
- Identify and correct erroneous POs
- Flag non-compliance with trade regulations
- Institute proper accounting for unused discounts or rebates
- Resolve issues with inappropriate sales tax
- Reveal and address discrepancies in freight charges
- Expose unreconciled liabilities in accounts for unvouchered receipts or Goods Received Not Invoiced (GRNI)
