Source: edinburghchamber

Agilico, a leading workplace technology solutions provider, has launched a new cloud-based purchase order processing solution designed to streamline procurement and enhance cash flow management for businesses of all sizes. Named Agilico POP, the solution takes a user-centric approach to procurement, enabling employees at all levels of financial expertise to effortlessly create, approve, and manage purchase orders.

“Our new purchase order processing solution empowers businesses to streamline their procurement processes, maintain financial control, and reduce administrative burdens,” said Elliot Thurley, Managing Director of Agilico’s Agile Docs and Tech division. “The solution enables businesses to have comprehensive oversight of all purchases and real-time budget monitoring – promoting efficient spending practices.”

The intuitive interface facilitates easy requisition placement and routes requests to appropriate approvers, effectively eliminating unauthorized invoices and rogue spending. What truly distinguishes Agilico’s offering is its seamless integration with their existing automated invoice processing software, Agilico Verify. Together, these solutions enable businesses to automate the three-way matching process, comparing invoice data with purchase orders and receipts to ensure accuracy and reduce errors or discrepancies.

Both systems integrate with popular accounting and ERP platforms, creating an end-to-end financial workflow from purchase order creation to invoice approval and payment. This integration gives businesses a clear and controlled purchasing hub with increased accuracy, reduced processing time, and enhanced visibility into spending. As Thurley notes, “This allows organisations to achieve a more efficient and transparent approach to financial management, giving finance teams greater efficiency – aligning with our ethos of making work easy.”