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.