nSYS provides P2P management for manufacturers of buses, cranes, transformers and generators, packaging and labelling and holiday homes so offers experience and understanding in implementing cashflow controls in manufacturing.
Manufacturing Industries have special requirements when it comes to invoice processing. Supplier Diversity means that the number of suppliers can be huge. Manufacturers have their own part numbers for every component, but Suppliers often use their own (different) numbers. Sometimes, a single line of supply can hold-up a process that involves hundreds of lines. Ensuring timely arrival of goods is essential. Often, there is a grey period in which the receipt of goods is uncertain. Sometimes the invoice arrives before the consignment.
Purchase to Pay (P2P) management from nSYS gives you real-time sight and control of your orders and payments. This reduces errors and speeds processes. It also saves a great deal of cost, as computerised electronic invoicing is one-tenth of the cost of processing printed paper.