Purchase Orders and Bills
Manage the procurement lifecycle from purchase order creation through bill conversion, approval, vendor payment, credits, and refunds.
Inzo manages the full procurement lifecycle, including purchase orders, conversion to bills, an approval workflow, multi-bill payment allocation, vendor credit management, and refunds.
How it works
You create a purchase order with vendor details and line items, then convert it to a bill, which transfers the order data automatically. Bills move through an approval workflow from draft to approved before payment is released. A single vendor payment can be allocated across multiple bills, and vendor credits can be applied to open bills. Refunds handle overpayments and returns, and a receipt document is generated for each vendor payment.
Key capabilities
- Purchase order creation with vendor details and line items.
- Automatic conversion of purchase orders to bills, transferring line items and pricing.
- Approval workflow that routes bills from draft to approved before payment.
- Multi-bill payment allocation in a single transaction.
- Vendor credit application against open bills.
- Refund processing for overpayments and returns.
- Automatic receipt generation for vendor payments.
Tips
Convert purchase orders to bills rather than re-entering vendor data. Conversion carries over line items and pricing, which avoids manual entry errors.