The Auditing Process. Streamlined.
The Audit Box is the software for tracking, enforcing vendor contract compliance, and reporting on procurement activities.
Cost
Controls
Automate Contract Compliance
Standardize
Buying
Supplier
Accountability
You need visibility
As a Procurement Professional, you know you need to audit your invoices but it is very time-consuming and complicated across various procurement categories.
You need a solution that can help you audit your suppliers efficiently:
Cost Management
Supplier Diversity Analytics
Contract Compliance
Supplier Performance
Service Quality
Enhance Cash Flow
Features
Real-Time Tracking
Ability to audit invoice line item level data to provide the complex computational and multi-service single invoice level controls
Seamless Integration
The software is able to integrate with other enterprise systems, such as ERP or financial management systems, to streamline processes and data flow.
User-friendly Dashboard
A comprehensive dashboard that displays key metrics, alerts, and reports to allow for quick decision-making.
Customizable Reporting
Ability to customize reports according to business needs.
Supplier Performance Reports
Ability to generate detailed reports on supplier performance, including delivery times, quality, service levels, and pricing, enabling you to compare suppliers and negotiate better terms.
Billing & Cost Analysis
Analysis of all billing data, including price per unit, total cost, taxes, etc., to ensure that there are no discrepancies and that you're being charged correctly.
Inventory & Resource Management
Audit analysis is independent of the category purchase type, much like an accounting system.
Fuel Category Features
Give You Control of YOUR Data
Source and store all your tank level readings, fuel transactions into your vehicles, control you communications network independently from your fuel supplier. This mechanism eliminates the supplier telling you how much fuel you should be billed for on an invoice.
Real-Time Tracking
Ability to track fuel deliveries in real-time to know exactly when and where fuel is delivered, and in what quantity.
Inventory Management
Provides real-time updates on fuel inventory levels, enabling businesses to manage and optimize their fuel stocks.
Stop having little visibility into your vendor purchasing and start being in control
Now Is the Time to Stop Having:
Identify your vendor errors proactively to avoid cash payments on non-compliant invoices. Scorecard your vendors to determine your true costs of managing poor invoicing practices by vendors. Send the message to your supply chain that your procurement organization is world class and must be serviced at the highest standards.