A Time-Saving Procurement System
Pros
- It has a purchase order system for supported vendors.
- It allows for quick entry of invoices to submit for payment.
- It has the ability to manage capital purchases.
Cons
- It will periodically be unavailable due to technical difficulties.
- Sometimes invoices will appear twice in the system even though it's supposed to detect and delete duplicates.
Return on Investment
- It has produced significant time savings allowing properties to forgo the position of property accountant/controller.
- It has streamlined the reporting of expenses on the profit and loss statements.