Procure to Pay Process - Fams
                     http://www.fams.co/
     Procure to Pay Process
http://www.fams.co/
About Us
 RCS TRAXX manages the entire life cycle of fixed assets from procurement to 
retirement. Our P2P module CartIQ helps organizations efficiently and easily 
manage cost-centre wise budgets, asset requisitions, vendor management, RFQ 
and PO generation. CartIQ has multiple workflows with mobile based authorization 
facility for involving higher levels in management with ease. Procure to Pay Process 
- RCS TRAXX covers the entire procure to pay process in just eight simple steps. Get 
in touch with us to know more about our procurement automation system today.
http://www.fams.co/
Services
 • Purchase Request
• PR Approval
• Request Quote
• RFQ Response
• Vendor Selection
• Purchase Order
• Goods Receipt
• Payment
http://www.fams.co/
Purchase Request
PR  is a lightweight web-form. Catalogues can 
be used to simplify selection of frequently 
procured items.
http://www.fams.co/
PR Approval
Co nfigurable approval processes and multi 
level web forms with different access rights. 
Mobile access.
http://www.fams.co/
Request Quote
Ch oose vendors to send RFQ. On submission 
of request, mail will be sent automatically to 
all selected vendors.
http://www.fams.co/
RFQ Response
Ve ndor submits proposal through CartIQ. 
Submitted information is displayed as 
comparison statement.
http://www.fams.co/
Vendor Selection
Ne gotiations with configurable reverse 
auction helps in securing best terms and 
cost savings.
http://www.fams.co/
Purchase Order
C ompany based depreciations After multi-
level approval, purchase order can be 
generated. Electronic copy goes to vendor
http://www.fams.co/
Goods Receipt
Fo rm GRN captures details of goods 
received. This data helps in amking 
payments and analyzing the vendor.
http://www.fams.co/
Payment
Pa yment is tracked with the PO value and 
GRN data. Based on data, decisions like fore 
closure can be taken.
http://www.fams.co/
Contact Us
Address  : 385 prince of Wales drive.
City        : Mississauga
State      : Ontario
Country : Canada
Contact : 1 - 416 436 6429
Email     : [email protected]
http://www.fams.co/
         
                   
                         Thank You