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Paymetric implements XiBuy purchasing card tool for SAP enterprise

Thursday 28 February 2008 08:13 CET | News

Payment card services provider Paymetric has launched the XiBuy 3.0 version of its purchasing card (p-card) tool for the SAP enterprise. The provider says XiBuy is a certified SAP add-on service meant for purchasing card programs in SAP services as part of an organisations accounts payable process.

XiBuy allows p-card transactions to be managed directly within SAP and in accordance with existing accounts payable processes and controls.XiBuy 3.0 also features a document management tool aimed to enable users to link to scanned purchasing card receipts and associate them with the card transaction record. This critical audit function allows other desktop objects (such as PDF, image, Word or Excel files) to be linked to a transaction record for in-depth documentation.Other functional characteristics include: compatibility with Paymetrics new XiSecure service, purchasing card payment of existing SAP invoice, PO proposals for enhanced matching of Level 1 transactions.This release of XiBuy includes new document management and SAP Supplier Relationship Management integration functionality, as well as several enhancements to existing features, which make it a powerful choice for corporate and public sector enterprises seeking to capitalize upon their SAP investment and adopt a proven best practices-driven purchasing card solution, explains  Kathleen Nugent, VP of Business Development at Paymetric.


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