Managing supplier payables is one of the critical factors in the retail chain management. Also it ensures good supplier relationship, which in turn ensures proper supply of goods.
Key Features
Key Benefits
Supplier payment day configuration and payment planning
Ensures prompt payment to suppliers and thereby enhancing supplier relationship
Bill by bill adjustment including the settlement discount and other discount and charges accounted for in the right ledgers. Easy tracking and follow-up on the breakage, damage, expiry, non-moving and other returns and also the other credit notes from the supplier
Accurate accounting in the right groups and ledger, making it easy to measure the trading profit and loss. Easy tracking of all commercial transactions help optimal payout
Complete cheque management from issue to reconciliation
Ensure complete tracking of payment pending to cheque preparation, printing and issue to supplier and bank reconciliation
