Purchase Requisition to PO
Configurable approval workflows by amount, category, and department. Budget checking before approval. PO generated automatically on approval. Supplier notified instantly.
Procurement & Operations
Nexus Procurement
From purchase requisition to supplier payment — a fully controlled, fully visible source-to-pay process. Nexus Procurement eliminates maverick spend, enforces approval workflows, and gives your CFO real-time visibility over every commitment.
40% reduction in maverick spend
Key Capabilities
What Nexus Procurement does
Supplier Onboarding & Management
Self-service supplier portal for onboarding: bank details, tax forms (W-9, W-8), insurance certificates, and compliance documentation. Supplier scorecards and performance tracking.
3-Way Matching
PO, goods receipt, and invoice matched automatically. Tolerances configured by category. Exceptions routed to the right approver. Clean matches flow to payment without human touch.
Spend Analytics
Real-time spend by category, supplier, department, and entity. Maverick spend identified. Contract compliance monitored. Savings opportunity analysis.
Contract Management
Supplier contracts stored with key terms, renewal dates, and spend commitments. Alerts before renewals. Actual spend vs. contract commitment tracked.
Supplier Performance Scorecards
On-time delivery, quality, invoice accuracy, and compliance scores tracked automatically. Supplier reviews supported with data, not opinions.
How It Works
- 1
Requisition
Employee submits purchase request. Budget checked. Approval workflow triggered based on your rules.
- 2
Order
PO generated and sent to supplier. Goods receipt recorded on delivery. Three-way match executed automatically.
- 3
Pay & Analyze
Invoice matched and approved. Payment executed via AP. Spend data available for analysis immediately.
Compliance & Standards
GAAP / IFRS (purchase commitments, accruals)SOX (purchasing controls and SoD)DCAA / FAR (government contract procurement)
Available for:SMEMid-MarketEnterprise
Key Outcomes
40%
reduction in maverick spend
3-way match
exceptions reduced by 70%
Full spend
visibility from day one