Requisition Approval and Spend Management with ReqNet®

Streamline the entire purchase order management process for employees with flexible requisition approval workflows, vendor catalogs, re-occurring templates, and online shopping with cXML Supplier Punchout.

Create, approve and automatically deliver purchase orders to any vendor from any device. Use contract tracking to manage Vendor Contracts and internal CapEx projects with multiple vendors. Track budgets, change orders, multi-year agreements and renewal dates.

Shopping Online from Preferred Vendors

Ensure employees enter requisitions at negotiated pricing rates from your preferred vendors to optimize spend management. More spend under management provides leverage for negotiating discounted pricing across corporate entities and currencies.

An easy online shopping experience, such as with Amazon for Business, helps employees to quickly requisition, default GL coding and check budget prior to the release of the purchase order.

Receiving and Invoice Matching

Quickly acknowledge a delivery with a photo of the packing slip from your phone (or any other device). Gain the ability to edit a purchase order prior to receiving and processing the AP invoice. When goods/services are received, Ariett automatically creates the pending Accounts Payable transaction. Drill to view all documents attached to a requisition and purchase order.

Approval Workflow

Easily approve requisitions and view price quotes, contracts and new vendor requests from any phone, laptop or desktop. Approval workflow, including New Vendor approval workflow, is role-based for both centralized and decentralized buyers. Customize your workflows and approval levels.

Document Automation

Budget Checking

Budget Checking and Coding

Color coded indicators display GL budget availability for quick budget checking on each requisition line when entering or approving. Business rules default or suggest GL account coding at the line item level, speeding up invoice processing. View line items against a budget and export data for more analysis. Budgets display by GL account, year to date or a specific period. Enhance spend management by tracking department budgets.

Reporting and Analytics

Use Charts to gain a quick snapshot of requisition spend by vendor and workflow. Report on requisition approval status, open PO details, top vendor spend, contract budgets and more.

Reporting and Analytics
Reporting and Analytics