See how the Electronic Requisition, Purchase Order and Encumbrance modules in MIP Fund Accounting work together with the Accounts Payable module to create a fully integrated purchase approval process.
Join this webinar and learn more about:
- Creating an electronic requisition approval process with rules defining who creates and who approves based on your organization structure and dollar amounts
- Workflow process from the Electronic Requisition to the Purchase Order
- The option to automatically encumber funds when creating a Purchase Order
- Tracking the PO and Encumbrance through to Accounts Payable invoice and payment
- Available reporting throughout the process – from requisition to PO, and through full liquidation of the encumbrance, to the close of the PO