Applications and Certificates for Supplier and Customer Payments
Apps and Certs is an online extension product which integrates with your existing E-Business Suite or ERP Cloud application solutions. It works at both an external and an internal level to set up and process Purchase and Application orders.
Construction companies in the UK need to optimise their performance, whatever the economic climate and ensure projects are continually in operation, with management streamlined to maximise expenditure. The CIS compliant Apps & Certs product is a plug-in solution for the construction and real-estate industry – and assists compliance with HM Revenue and Customers CIS Scheme. It supplies project billing processes in accordance to industry standards and automatic sub-contractor payments with full calculation and accounting for payables.
Apps & Certs uses a percent complete revenue billing method purely based on Oracle standard processes. Auto Accounting rules have not been changed and the calculation process is automated thereby achieving data accuracy.
The product is also scalable to allow for further enhancements.
This allows suppliers outside the customer organisation to raise an application against Purchase Order via the customer’s portal. This can then be reviewed and commented upon in full sight of the supplier and with a complete audit history per line. Once approved it is then automatically transferred to Accounts Payable for processing.
This allows staff to certify or reject application orders. Again, this available for comments, reviews and adjustments in full sight of all parties involved and with a full audit history. Once the application is approved it becomes a certificate approved for payment. The invoice amount and retained amount are updated in the billing event and it is passed forward to process.
+44 (0)870 112 2000
Inoapps Head Office
2 Fountainhall Road
+44 (0)870 112 2000
Oracle Corporation UK Ltd
+44 (0)870 112 200
5177 Richmond Avenue, Suite 1260
Suite 2B-13-3, Level 13, Block 2B,
Jalan Stesen Sentral 5,
50470 Kuala Lumpur.
+603 2714 5707