Explore.PO
Discover if your purchase transactions originate from an approved and reliable purchase order
What can Explore.PO mean for your business?
Explore.PO is a smart analytics dashboard that helps you assess the integrity and efficiency of you purchase order (PO) process. It provides visibility into how diligently POs are used and approved, highlighting deviations from expected delegation of authority (DoA) and missing release strategies.
The solution uncovers PO misuse, such as SoD conflicts and value changes after approval, and benchmarks PO approval behaviour across the organisation. With Explore.PO, you can detect fraud risks, improve compliance, and identify quick wins for a more efficient purchasing process.
Explore.PO is a powerful tool to reinforce control and transparency in your procure-to-pay cycle.
Key benefits of using Explore.PO
Detect missing or invalid PO approvals
Explore.PO highlights purchase orders that lack a proper release strategy or deviate from the expected delegation of authority. This allows you to identify control gaps and make sure that all purchases are properly authorised.
Uncover PO misuse and fraud risks
The dashboard flags value changes made after approval or without approval, as well as segregation of duties (SoD) conflicts. These insights help detect potential fraud or policy violations before they escalate.
Benchmark and optimise PO processes
Explore.PO enables you to compare PO approval behaviour across departments or entities to reveal inefficiencies and quick wins, supporting a more consistent and streamlined procurement process.