Procure to Pay Process - Fams

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Procure to Pay Process
http//www.fams.co/
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About Us
http//www.fams.co/

• RCS TRAXX manages the entire life cycle of
  fixed assets from procurement to retirement. Our
  P2P module CartIQ helps organizations efficiently
  and easily manage cost-centre wise budgets, asset
  requisitions, vendor management, RFQ and PO
  generation. CartIQ has multiple workflows with
  mobile based authorization facility for involving
  higher levels in management with ease. Procure to
  Pay Process - RCS TRAXX covers the entire procure
  to pay process in just eight simple steps. Get in
  touch with us to know more about our procurement
  automation system today.

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Services
http//www.fams.co/

• Purchase Request
• PR Approval
• Request Quote
• RFQ Response
• Vendor Selection
• Purchase Order
• Goods Receipt
• Payment

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Purchase Request
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PR is a lightweight web-form. Catalogues can be
used to simplify selection of frequently procured
items.

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PR Approval
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Configurable approval processes and multi level
web forms with different access rights. Mobile
access.

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Request Quote
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Choose vendors to send RFQ. On submission of
request, mail will be sent automatically to all
selected vendors.

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RFQ Response
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Vendor submits proposal through CartIQ. Submitted
information is displayed as comparison statement.

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Vendor Selection
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Negotiations with configurable reverse auction
helps in securing best terms and cost savings.

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Purchase Order
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Company based depreciations After multi-level
approval, purchase order can be generated.
Electronic copy goes to vendor

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Goods Receipt
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Form GRN captures details of goods received. This
data helps in amking payments and analyzing the
vendor.

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Payment
http//www.fams.co/
Payment is tracked with the PO value and GRN
data. Based on data, decisions like fore closure
can be taken.

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Contact Us
http//www.fams.co/

• Address 385 prince of Wales drive.
• City Mississauga
• State Ontario
• Country Canada
• Contact 1 - 416 436 6429
• Email info_at_fams.co

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http//www.fams.co/

• Thank You