A Streamlined Procure-to-Pay Process

Selecting the best suppliers and negotiating favorable terms is just the beginning. With IFS Procurement, gain complete control over your procure-to-pay cycle—reducing rogue spending and increasing spend under management with preferred suppliers.

End-to-End Procurement Control

• Contract Management:
  Centralize supplier agreements, change requests, and price lists. Track contract compliance to ensure all terms and conditions are met—every time.
• Operational Procurement Efficiency:
  Manage every step seamlessly—from requisition to PO creation, goods receipt, inspection, and returns—all within IFS Cloud. Our integrated solution even automates multi-step tasks like inventory checks before purchase order approval.
• Invoice & Financial Management:
  Gain real-time financial insights. Match invoices automatically, reconcile GRNI (Goods Received Not Invoiced), and align POs with deliveries—eliminating discrepancies and delays.

Agility When You Need It Most

With IFS Procurement, react swiftly to unexpected demands:
✔ Refresh van inventories on short notice.
✔ Rent equipment from external suppliers.
✔ Manage PO changes dynamically.

Unlock the Full Potential of Your Supplier Relationships

In today's competitive landscape, strategic supplier relationships are your most valuable asset. With IFS Procurement Solutions, you gain the tools to transform vendor interactions into powerful competitive advantages that drive quality, efficiency, and bottom-line results.

Strategic Supplier Relationship Management

• Standardized Excellence: Implement uniform processes and performance benchmarks across your supplier network to ensure consistent quality in every product and service you receive
• Lifecycle Management: Our comprehensive tools support the entire supplier journey - from rigorous evaluation and seamless onboarding to ongoing performance management and strategic phase-outs

Performance Optimization

• Data-Driven Decisions: Leverage advanced performance analytics and audit capabilities to maintain uninterrupted service quality and identify improvement opportunities
• Proactive Risk Management: Continuous monitoring and scoring systems help mitigate supply chain risks before they impact your operations

Collaborative Efficiency

• Supplier Self-Service Portal: Empower your vendors with 24/7 access to resolve issues, submit documentation, and track transactions - reducing resolution times by up to 60%
• Automated Workflows: Streamline communications and approvals to accelerate cycle times while improving accuracy and compliance

Why IFS Procurement Stands Out:
✓ End-to-end relationship management from qualification to retirement
✓ Real-time performance dashboards with actionable insights
✓ Fully integrated with IFS Cloud for seamless data flow
✓ Proven ROI through reduced costs and improved efficiency

Elevate your supplier network from transactional partners to strategic assets - with IFS Procurement Solutions.

End-to-End Risk Management Across Your Procurement Lifecycle

Every contract carries inherent risks—whether cost-plus or fixed-price agreements. But with IFS Cloud Procurement, you gain complete visibility into supplier risks, financial exposures, and operational vulnerabilities—before they impact your business.

Comprehensive Risk Mitigation with IFS

• Centralized Risk Registry:
  Maintain a dynamic, single source of truth for all supplier risks—from financial stability to compliance issues—with automated monitoring and alerts.
• Market & Supply Chain Intelligence:
  Proactively assess external threats, including:
  ✓ Trade policy changes
  ✓ Supplier financial health
  ✓ Global/local material shortages
  ✓ Geopolitical disruptions
• Real-Time Procurement Risk Monitoring:
  Leverage IFS Cloud’s integrated data to track risks across:
  ✓ Inventory fluctuations
  ✓ Logistics bottlenecks
  ✓ Delivery failures
  ✓ Payment term compliance

Why IFS Procurement Stands Out

✔ Predictive Risk Scoring – AI-driven analytics flag high-risk suppliers and contracts
✔ End-to-End Visibility – Connect risk data across sourcing, contracting, and payment cycles
✔ Automated Compliance – Enforce contract terms and regulatory requirements systematically

Turn risk management from reactive to strategic—with IFS Cloud Procurement.

Streamline Complex Subcontracting Processes with Confidence

Managing subcontractors doesn't have to mean managing risk. With IFS Procurement, you gain complete control over subcontractor relationships while simplifying payment workflows:

End-to-End Subcontractor Management

• Precision Work Orders
  Create detailed subcontractor work instructions with clear scope definitions and timelines - eliminating ambiguity before work begins
• Purpose-Built Control Tools
  Our specialized subcontract management features help you:
  ✓ Enforce scope compliance
  ✓ Maintain cost visibility
  ✓ Mitigate performance risks
  ✓ Guarantee quality deliverables

Automated Financial Governance

• Streamlined Certification & Payments
  ✓ Capture payment requests digitally
  ✓ Issue completion certificates
  ✓ Manage period-end accruals
  ✓ Automate invoice-to-certificate matching

Why Leading Enterprises Choose IFS for Subcontracting:
✔ Risk Reduction - Maintain financial and operational control across all subcontract tiers
✔ Process Efficiency - Cut administrative overhead by up to 40% with automated workflows
✔ Complete Integration - Seamlessly connects with IFS Cloud ERP for real-time project costing

Transform subcontract management from a compliance challenge to a competitive advantage.