For effective spend control and vendor performance management, Contract Managers, Procurement Managers, and Compliance Managers require centralized visibility into key performance indicators (KPIs) related to spending and invoice obligations at the contract level. It is crucial for AP Managers not only to verify invoice details against purchase orders (POs) and Goods Receipts but also against the pricing terms, discounts, entitlements, and freight and tax treatment terms specified in contracts. This real-time audit of invoices against contractual terms ensures accuracy and compliance before financial transactions occur.
Ready to elevate your contract and invoice management? Sign up now to witness the comprehensive capabilities of Connected Contract Management Experience on ServiceNow, uncover valuable insights and discover the significant ROI of this integration.
