Make sure your vendors are paid on time and with appropriate approvals in place by having a clearly documented process. Use the payment processing workflow template included in SmartDraw to get started-simply add, delete or modify steps as needed, then link to vendor lists, internal forms and more to insure there is no question about your payment process.
Match Purchase Order to Approved Purchase Order
Attach Approved Purchase Order Form to Invoice
Amounts Match?
Consult Manager on Discrepancy
Discrepancy Merit Investigating?
Investigate and Rectify
Does Invoice have a Purchase
Order #?
Pull Invoice from Stack
Payment Processing
Send Invoice to Processing
Contact Purchaser for Information
Payment Processing
