Procurement | Procure to Pay
Receiving
Goods and services receipted against the order that expected them.
What it does
Inside Receiving.
The liability exists from the moment the goods do, not from the moment the invoice arrives.
01
Goods receipt and service confirmation against order lines
02
Over, under and short delivery handling with tolerances
03
Quality inspection, rejection and return to vendor
04
Accrual posted on receipt, reversed on invoice
Where it sits
Part of Procurement.
Sourcing Requests, quotes and awards recorded against the eventual order. Requisitions The request that checks budget and policy before it becomes spend. Purchase Orders The commitment, recorded and visible to finance. Approvals Authority applied consistently across every buying channel. Spend Analysis Category, vendor and compliance visibility on clean data. Requests for Quotation One ask, several vendors, and every reply held against it. Quality Inspection Deliveries held for inspection before anything reaches usable stock. Service Entry The receipt document for work, not goods, accepted before it is billed. 3-Way Matching PO + GRN + Invoice matched at line level. 97% auto-match rate; variance triage built in. Budget Controls Per cost-centre, per project, per period budgets enforced at PO creation. Vendor Compliance at PO GSTIN, PAN, MSME and dispute history checks at vendor onboarding and PO step. PO Templates Reusable templates per spend category with pre-filled GL, cost-centre and approval policy. Contract Purchasing Rate cards, blanket POs, release schedules, consumption tracking.
Run Receiving against your books.
A working session on your structure and a month of your documents.
