Speed up, streamline, and ensure greater accuracy of the receipt process
With EffiGO’s receipts (Goods receipts and service entry sheets) automation capabilities, users can efficiently create, upload/automate receipts while mitigating issues like delayed or missing receipts, mistakes, and a lack of visibility into receipt status. This comprehensive solution streamlines the receipt procedure, increases productivity, and reduces errors and delays.
Automation is Key to Manage the Scale and Complexities of Receipts in the Globalized World
With the increasing consumer expectations of shorter delivery times, moving goods at lightning speed has become more of a need than a want for supply chain professionals. Organizations often face several challenges in the goods receipt process, such as delayed or missing receipts, errors, and lack of visibility into the status of the receipts. These challenges can result in delays in processing invoices and payments, which can significantly impact the organization’s financial performance.
Refine the goods receipt procedure to improve accuracy, reduce processing times, enhance inventory management, increase visibility and transparency, and facilitate communication with suppliers.
Build Long-term, Win-win Supplier Relationships
Automatically convert ASN to Goods Receipt Note (GRN):
EffiGO enables the conversion of Advance Shipment Notice (ASN) to Goods Received Note (GRN), simplifying the entire process, improving accuracy and removing human error.
Track quality of goods received:
Track and monitor the quality of goods received, which is particularly important for items such as raw materials or components that are critical to the production process. By capturing the quality of goods received, organizations can quickly identify any issues and take appropriate action to ensure that their supply chain is not disrupted.
Automates purchase order corrections to quickly fix discrepancies:
EffiGO’s GRN automation provides the ability to raise variances for purchase order corrections with amendments and approvals, ensuring that discrepancies are promptly identified and resolved.
Provision for service entry sheet:
EffiGO’s GRN automation also provides a provision for a service entry sheet, which allows for the easy tracking of services rendered against purchase orders. This feature simplifies the process of verifying and approving service-related invoices, ensuring that payments are made accurately and on time.
Suppliers access to receipt notifications:
Supplier is provided with instantaneous access to the receipt information, thereby allowing them ample time to take any necessary actions.
Get Ahead of the Competition With a Superior
Goods Receipt Process
Flip ASN’s or dispatches to receipts eliminating the repeat data entries and manual errors.
Match GRNs to purchase orders and advance shipping notices easily.
Have real-time visibility into the status of materials and services.
Highlighting Customer Success Stories
FAQs
What is a GRN and how does it work?
A GRN or Goods Received Note is a document used to record the receipt of goods or services from a supplier against a purchase order. It is used to confirm the quantity and quality of goods received and is an important document in the procurement process.
Can the system enable me to receive goods or services against my purchase orders?
EffiGO’s GRN automation enables you to receive goods or services against your purchase orders. The system automates the conversion of Advance Shipment Notice (ASN) to GRN, simplifying the entire process and improving accuracy.
Can I customise my receipt template and fields to suit my specific requirements?
Our automation allows you to customise your receipt template and fields to suit your specific requirements. You can add or remove fields as needed and configure the template to match your organisation’s branding.
Can I set up approval workflows for receipt submissions?
Our platform provides the ability to set up approval workflows for receipt submissions. You can define multiple levels of approval, and the system will automatically route receipts to the appropriate approvers based on your defined workflow.
Can the system handle partial or split receipts?
EffiGO’s GRN automation can handle partial or split receipts. You can receive a partial shipment and create a receipt for the quantity received. If the remaining quantity is expected to arrive at a later date, the system will allow you to create a new receipt for the remaining quantity.
Can I track the status and history of my receipts using the system?
Yes, we provide real-time visibility into the status of your receipts. You can track the history of each receipt, including when it was received, who approved it, and any changes made to the receipt.
Can the system integrate with my invoice management module to enable matching and reconciliation of invoices against receipts?
to ensure a 3-way delivery verification, we integrate with our invoice management module to enable matching and reconciliation of invoices against receipts. The system will automatically match invoices to receipts, reducing the need for manual data entry and improving the accuracy of your accounts payable process.
