Simplify your Vendor Invoice Management
B2B Vendor Portal
Easier vendor invoice management and improved Accounts Payable Processes
Vendor invoice management is often a time-consuming, manual task that is prone to errors and time delays. According to the Institute of Financial Management (IOFM) benchmarking data, AP teams spend almost one-quarter (22%) of their time answering basic supplier queries. That´s why many organizations are searching for suitable vendor invoice management solutions.
Enhance your Accounts Payable processes with a Self-Service Vendor Portal
The cloud-based B2B Vendor Portal from Serrala significantly simplifies vendor invoice management. Suppliers that go through a simple on-boarding process are able to use the portal to view open purchase orders or information on their invoices and payments. They can use the portal to submit invoices online, which ensures the invoices are available for immediate validation and processing.
Vendor invoice management and supplier communication made easy
With the portal in place, both you and your suppliers benefit. Suppliers benefit from having instant access to information on purchase orders, invoices and payments. You benefit from more digital vendor invoices, which are much faster and easier to process and fewer supplier queries.
Manual tasks are significantly reduced and communication with your suppliers is improved. Your suppliers can create invoices directly in the B2B Vendor Portal or flip purchase order documents available on the portal. They can also check the status of invoices at any time, which saves the supplier time and effort and reduces the need for time-consuming phone calls or e-mails.
Any communication between you and your suppliers can also be managed through an intuitive chat like interface, ensuring faster dispute resolution and quickly handle any exceptions that might prevent posting and payment.
- Less time spent on supplier communication and queries
- Improved supplier relations
- Faster and accurate invoice data
- Full integration with your SAP system landscape and AP solution
Improve supply chain management with fully integrated vendor invoice management
The B2B vendor portal solution can be embedded directly into your existing SAP environment. The fully integrated processes provide the highest possible level of automation across your supply chain with:
- Seamless Integration into SAP
- Runs on SAP, on premise, SAP Cloud and Hybrid
- Certified for integration with SAP S/4HANA
- Works with current and previous SAP systems such as SAP ECC
- Includes Fiori apps for an intuitive user experience
Add Value with End-to-End Processing
Combine the Serrala B2B Vendor Portal with our other FS² modules to benefit from a completely optimized procure-to-pay solution for managing your outbound payments:
- FS² AccountsPayable
- FS² Payments
- FS² Compliance
Why you should choose our B2B Vendor Portal
Still have questions?
Serrala optimizes the Universe of Payments
for organizations that seek efficient cash visibility and secure financial processes.
Key Features at a Glance
Fast invoice entry
Suppliers can upload digital invoice formats (Excel, DOC, PDF) or enter invoice data online.
Easy PO handling
Suppliers can search, retrieve and flip open purchase orders, to create an invoice.
Suppliers can view real-time invoice status information on a 24x7 basis.
Online supplier requests
Suppliers can request updates of their master data or login information.
Seamless Integration into SAP
This cloud application is directly connected to your SAP system and is certified for integration with SAP S/4HANA.
Secure supplier log-in and on-boarding
Onboard suppliers and provide them with a secure personal log-in directly from your SAP system.
Paper invoices, electronic invoices, invoices attached to e-mails – vendor invoices typically come in many different formats. A Vendor Portal can reduce the effort required for businesses to capture, process, approve and post vendor invoices and handle related supplier quiries or disputes.
The cloud-based B2B Vendor Portal offered by Serrala is a self-service portal works seamlessly with your SAP ERP system. Suppliers can easily upload or enter their invoices online, which significantly reduces the time it takes the buyer to process and pay the invoice. They can also track the status of invoices from the moment they are submitted until they are paid, which reduces the need to inquire about when an invoice will be paid. In the event there is an exception or dispute, the portal provides a central location for all communicatoins, so both buyers and suppliers have access to the complete informtion on the invoice in question.
Suppliers can save time and get paid faster by uploading their invoices into the portal, entering them directly into the portal, or finding your purchase orders on the portal and converting them into invoices. The vendor has greater visibility into their invoices and can see if an invoice is being processed, has an exception or if it has been scheduled for payment. If the vendor has a question about an invoice, a messaging function simplifies the communication with the Accounts Payable department and helps resolve queries quickly.