It automates the entire purchase-to-pay cycle, from purchase requisition to vendor invoicing and payment authorization. A requisition is created in electronic format, then automatically entered into an approval workflow. Once the requisition is approved, the order is placed and the product reception entered into the application. The vendor invoice is received, invoice data is verified, and three-way matching of the invoice and corresponding purchase order takes place. The tool also manages any discrepancies, integrates invoice data into the enterprise resource planning (ERP) system, and authorizes vendor invoice payment. Various users within a company can manage indirect purchasing that generally takes place outside of the ERP system, Esker said. The new software will be offered worldwide in April of 2014, then made available at a later date for use on mobile devices.