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This technology simplifies bulk purchasing by integrating with an organisation’s procurement software. Instead of manually transferring Amazon shopping carts into a purchaseorder or request, Punch-in automatically sends the cart for approval within the organisation’s budgetary framework.
The manual process of collating this information requires a significant amount of time and resources, ultimately underutilizing or burdening a company's most valuable asset - its human talent. According to Straits Research , the worldwide market for Intelligent Document Processing (IDP) was valued at USD 1,035.81
It includes requisitioning, purchasing, receiving, paying, and accounting for goods and services. Centralization, Verification, and Classification of Expenditure Data Analysis of the Spend Data Once the data has been centralized, verified, and classified to identify discrepancies and opportunities for cost savings or process improvements.
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