How ASICS is Staying a Step Ahead with Procurify’s Purchasing System

Purchase Orders Made Simple

Paul’s tribulations with PO systems wasn’t necessarily a new challenge, either.

“My previous company was a $12 Million dollar company, and they had no PO system either. They had a dedicated full-time purchaser, and they had created their own sort of internal appeal process which was OK for 10 grand or whatever it cost them to implement. Compared to that system and process, Procurify is a bargain.” 

Prior to the demo, Paul’s purchasing workflow was a manual, spreadsheet based process with no POs being generated. This meant that they had no pre-approval process in place to get any kind of read on their liabilities or budgeting. Instead, they’d have to wait until the invoice came back. For Paul, the waiting days are finally behind him. 

“Procurify is a fantastic solution. I don’t know of any system out there that is that fast to implement, it’s a very, very easy process and it just does exactly what you want it to do, and it does it so well.

An Accountant’s Best Friend

Paul’s enthusiasm for Procurify’s product stretched far beyond the PO feature.From his work in the Canadian retail/wholesale world, he’s identified one of the main strengths of the product: the ease of use for accountants and financial controllers. 

“It definitely helps companies as it improves the quality of data as you get much better accruals. So, your financials are cleaner, it helps companies be more agile with their cash as they know what they’re committing to. Companies can control their spending and their cash commitments better and they can go into cash flow planning much more prepared.” 

A large priority for ASICS was to rid themselves of the strenuous paper trails they’d been used to, largely because of how it would make the assembly line of budgeting, forecasting and accruals much more efficient. 

“Procurify definitely saves your accounting team. If your accounts payable team is really overworked, Procurify would definitely save their time and empower them to be more accurate and efficient.”

Suitable for the Modern Workplace

In a study done by Fast Company, 63% of employers have remote workers and remote work is predicted to increase by 168% in the next decade. For growing and expanding multinational franchises like ASICS, having a product or service that can facilitate remote work with an accessible cloud-based platform and a streamlined mobile app is an added bonus. 

“Adding Procurify into your purchasing workflow can definitely facilitate working from home or facilitate working from different offices or locations,” says Paul. “It’s tools like this that allow for the ability to be successful in as many offices as possible.”

Staying Audit Ready

Implementing effective financial controls today is a balance of agility and due diligence. The trick is to constantly be aware of your spend and your budgets, while also keeping an electronic trail of documents for anyone who volunteers to look at any given time. 

“The other huge piece of Procurify is the ability to have all of your invoices available electronically so when you get audited, you know it’s not like, “Here’s a shoe box”. I could just give a government auditor access and they can go query the transaction they want to query and instantly see the actual invoice. That is awesome.”

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