Ralph.
monitor purchasing in order to know when to expect cash outlay
Ralph. · 4 months ago · Discussion
Ralph.
monitor purchasing in order to know when to expect cash outlay

I'm not sure if this topic fits best under Finance or Sourcing & Procurement, but I will post it here.

I would very much like to know how other organizations are keeping a watch on purchasing in order to be aware of anticipated near term cash outlay.

Using a different ERP system our treasury manager was able to view a purchasing report weekly that showed what was on order, when delivery was expected or when delivery had occurred, and when payment was expected to be due.  Most often, payment is due a certain number of days after delivery.  This information is critical in order to be aware of expected cash outlay.  We have not found a report that offers this in S4HC.

The Monitor Purchase Order Items app looks like an attempt at such a report, but it lacks pertinent information such as material receipt date and payment terms/due date.

Are we overlooking a report that can provide this information?  What are other organizations using for this purpose?

Looking forward to any thoughts you may have on this topic.  Thank you.

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