Take control of your procure-to-pay process
Digitalise all purchase requisition and purchase order workflows with our easy-to-use cloud-based, procurement platform, ADAM.
From purchasing, e-Invoicing verification, budget management and more.
ADAM’s Procure-to-Pay Key Features
An end-to-end procurement solution streamlining workflows, budgeting, invoice matching, vendor management, contract pricing, and providing insightful analytics.
Purchasing Workflow
User-designed configurable workflows for creating requests, enforcing policies and approvals.
- Fully customisable workflows according to each company’s specific requirements
- Eliminate guesswork and complexity by configuring each step to align internally
- Ensure accurate submissions with guided workflows adhering to internal policies at every step
Budgets
Ensure every expense is tracked, monitored and approved. Eliminating maverick spending and ensuring control over spend management.
- Enforce budget limits based on different dimensions (e.g. departments, centres, project codes, etc.)
- Grant budget visibility based on permissions and roles
- Gain overall budget oversight with smart budget utilisation logic to account for all expenses
3-Way Matching
ADAM features a robust 3-way match capability, ensuring that what your company receives aligns perfectly with vendor commitments.
- Easily match POs, receiving documents and invoices with consistency and compliance
- Enhance invoice checking by blocking duplicate invoice submissions to maintain financial integrity
- Find submissions, data flows and status with ease with traceable audit trails for complete transparency
- OCR (upcoming!) Aimed to reduce manual input and improve matching efficiency
e-Invoice Verification
ADAM integrates with the Inland Revenue Board to verify authenticity of vendor invoices submitted, ensuring compliance and accuracy.
- Verify the authenticity of vendor invoices with seamless integration to LHDN, ensuring compliance at every step
- Eliminate fraudulent invoices and streamline financial operations for enhanced security with ADAM’s advanced e-invoices capabilities
- Ensure every transaction legitimate and authenticated, streamlined through ADAM
Vendor Evaluation
Centralised vendor communication portal for PO sharing, acceptance tracking, performance evaluation, fulfilment updates, and comprehensive audit trail.
- Send purchase order attachments to vendors directly ensuring timely delivery
- Enforce vendor PO acceptance before fulfilment, ensuring mutual agreement
- Provide vendor performance evaluation to maintain standards and foster strong relationships
- Communicate with vendors through ADAM, logging all interactions and remarks
Contract Pricing
Manage vendor contracts, ensure compliance, enforce rates through controlled pricing.
- Create and manage contract pricing agreements with vendors
- Ensure expenses are engaged at contracted pricing and rates
- Ensure purchases are engaged through preferred vendors
Analytics
Gain detailed insights into expenses, spend patterns, cost opportunities and more.
- Gain visibility into key performance indicators for procurement efficiency
- Set data filters to discover insights within spend patterns
- Analyse historical purchase prices and trends to identify potential cost saving opportunities
