Incorta Analytics for Oracle EBS Procure to Pay Business Flow

Summary

Incorta's pre-built analytics for the Procure to Pay business flow integrates requisitioning, purchasing, receiving, payments, and accounting for goods and services, covering the entire process from point of order through payment.

Do comparative analysis and report on requested spend, committed spend and actual spend and receipts across business units, buying locations, suppliers, products, item categories and associated hierarchies for both direct and indirect spend (indirect spend being MRO and employee expenses) in detail to allow complete visibility of spending across your organization.

Answer these questions

• Which purchase requisitions are waiting for PO approval?
• Which PO receipts don't have invoices?
• Which suppliers have quality and delivery issues? Are there outstanding payments for these suppliers?
• Which operating expenses are over budget and why?
• What's our off-contract spend for this quarter?
• What are our top 10 products by indirect spend amount?
• What's our average expense cycle time and number of late expense reports in each department?
• Are we paying suppliers too early, too late, or on time? How is that impacting our working capital?
• Of our invoices on hold, what are the top invoices by discount amount offered?

Reporting dashboards and metrics

Procurement

• Purchase orders that need approval
• POs are open or past due
• Average spend by supplier
• Top 10 suppliers by spend
• Top 10 spenders and cost centers by expense
• Expense reimbursement cycle time frame

Payables

• Supplier payments overdue aging
• Invoices on hold
• Invoice payment cycle time
• Outstanding payment amount
• Top 10 suppliers by average payment days
• Invoice payment cycle time