Schedule confirmations to be automatically sent to your vendors and internal PO owners, schedule auto-reminder emails, and track responses in a single tool.
Support your confirmations with calculated accrual estimates. Automatically run straight-line, historical average or percentage-of-completion calculations based on data ingested from your P2P or ERP systems. Validate confirmations or create journal entries directly from these calculations.
Global Controller at Khoros
Perform a detailed review of each transaction line item or a 20,000 foot level review that focuses on the big picture. See historical results, current-period actuals and budget data all displayed next to accrual estimates so that you can be confident in the amounts you choose to post.
Integrate with any cloud-based ERP, P2P or budgeting tool so that data is ingested automatically. This ensures all the relevant data for your accruals process – invoice and PO details, chart-of-accounts – are captured in our one-stop shop accrual tool.