In a purchase to pay cycle, partial process is automated by using many finance and accounting software available in the market such as SAP, Tally, Business central etc.

The account payable process part covering the receipt of invoices till posting the payments from account payable process was done by manually entering the data. This increases chances of human errors, data loss, delay in receiving the invoices thus causing bottlenecks in the payment process.

IRP provides a digital platform for quick uploading of the purchase invoices by vendors from any corner of the world either through web or app on any smart phone. The end user can request payment , view the history and status of the requests.

Vendor- To request for payment against a purchase order , a vendor can upload the invoice, view the history of invoices raised ,list of open purchase orders with the outstanding amount statement.

Employee- This software can also be used by the internal employees to upload claim requests for reimbursements or allowances( including salary) as per business requirement.

It’s a powerful software tool for the account payable team ( finance team ) to have visibility of outstanding amounts at any given point of time.

All the activities of invoice processing such as receiving the invoices, checking and validating , approvals and payment planning can be easily managed through this software.

The data records generated through this software can be used for analytics making it beneficial for audit and compliance purpose.