Instantly See At-Risk Revenue & CashCash flow and revenue risk often goes undetected, buried in ERPs or reports. SourceDay’s PO Exceptions module gives instant insight to CFOs and procurement teams, so they can assess and manage risk.
Efficiently Action PO ExceptionsInsight turns to action with SourceDay’s efficient interface for sending purchase order move-outs, move-ins, and cancellations to suppliers. All changes are instantly delivered to suppliers for response. As changes are approved, SourceDay automatically updates your ERP.
Supplier Onboarding GuaranteeWe own supplier onboarding, so you can focus on protecting cash flow and revenue. Our rockstar support team will take responsibility for getting your suppliers live and proficient on the SourceDay Platform. We even guarantee adoption of your most important suppliers.
How SourceDay’s PO Exceptions Module Works
SourceDay’s PO Exceptions dashboard helps you understand how PO exceptions impact revenue, cash flow, and working capital. The module uses change suggestions from your MRP to assess the revenue and cash flow that is at risk. This visibility helps you prioritize which PO lines to action, based on their potential impact to your business. The dashboard makes it easy to view the total value of move-ins, move-outs, and cancellations in one place.
Move-ins represent at-risk revenue, because late parts mean late customer orders, and delayed or missed revenue.
Move-outs represent cash flow opportunities. These orders can be delayed, which in turn delays spend.
Cancellations are parts you no longer need. They can become excess inventory, which ties up your working capital and increases inventory carrying costs.
SourceDay’s Purchase Order Collaboration
SourceDay’s Purchase Order Collaboration solution helps buyers and their suppliers better manage direct spend of raw materials, save money, and meet more customer commitments. SourceDay guides users through the PO process with prescriptive workflows and notifications of any changes to lead-times, pricing, quantities, and delivery dates so they can stop chasing PO updates. Learn more about our PO Collaboration Solution.