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P2P - Innovative purchasing with AI | Monstock - Purchasing management software MONSTOCK

P2P - Innovative purchasing with AI | Monstock - Purchasing management software

Procurement management

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“ 1. Mobility access including offline and real time, 2. Complete secure cloud solution with immediate start, 3. Digitization and simplification of processes to increase productivity 4. Customization of the solution to all needs (process, documents, etc.) 5. Use of available material, does not require specific material 6. Easy and fast integration with internal and external applications 7. Complete view of processes, operations and flows from suppliers to customers 8. Simplification and structuring of processes 9. Control of stocks and flows to reduce costs of your Supply Chain ”
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Monstock allows you to manage your indirect purchases as well as your strategic purchases. Thanks to the digital management of these purchases, you reduce costs and prevent product shortages.
 
The Monstock P2P offer is based on 3 pillars:
 
1. Procurement:
  • Rationalize and centralize your product catalog,
  • Control all of your expenses,
  • Digitize, automate and optimize your purchasing process.

2. Invoicing:
  • Manage and approve all of your invoices thanks to the automation of your processes,
  • Check that the goods ordered have been received correctly.

3. Inventory management:
  • Manage your product stocks directly in the field,
  • Have real-time visibility for your purchases.
Reduce your purchasing expenses and improve your working capital, control the commitments of your suppliers and reduce your manual tasks thanks to the key features:
  • Unified product catalog and real-time inventory tracking,
  • Creation of the purchase request - order proposal assisted by AI,
  • Processing and authorization of the request (workflow),
  • Creation of the order or purchase form,
  • Receipt of goods,
  • Assessment of compliance with the order and compliance with supplier commitments (deadlines, quality),
  • Receipt and storage of the invoice and delivery note (GED),
  • Reconciliation and processing of the invoice,
  • Control table and consumption monitoring.

Unified product catalogue Purchase orders Receipt of goods Invoice processing Control panel and consumption monitoring Needs calculation with AI Artificial Intelligence Multi-locations management Safety stock Waiver of stocks

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