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Module 04 · Product portfolio

P2P / Procure-to-Pay

From purchase request to vendor payment — controlled, visible, and optimized.

Maverick buying, invisible committed spend, and PO approvals stuck in email chains. MyVyay closes the loop — every purchase is budget-checked before commitment, three-way matched automatically, and paid on time.

Quick answer

MyVyay Procure-to-Pay covers the full cycle from purchase requisition to vendor payment, with budget validation at the request stage, multi-vendor RFQ comparison, and automatic 3-way matching between PO, goods receipt and invoice. Customers see roughly 60% faster procurement cycles, 100% budget compliance enforced, and up to 40% cost savings from better vendor selection.

P2P / Procure-to-Pay

The problem

Does this sound familiar?

Maverick spending bypassing procurement

Employees buy from unauthorised vendors and skip the PO process; AP is left with unmatched invoices and no budget accountability.

Budget owners are flying blind

Approved budgets sit in spreadsheets; committed but unspent PO values are invisible until it's too late to intervene.

PO approval takes days via email chains

Purchase requests get lost in inboxes; urgent purchases are delayed, causing operational disruption.

No data to negotiate better vendor contracts

Spend is fragmented across 30+ vendors with no consolidated view — making renegotiation or consolidation impossible.

The MyVyay way

One closed loop: request → PO → receipt → pay

Complete procure-to-pay lifecycle — from requisition to payment — with enforced budget controls, multi-vendor RFQ, automated matching, and spend analytics that turn procurement into a competitive advantage.

Budget check before commitment

Every PR checks available budget in real time before it's even submitted for approval.

Multi-vendor RFQ

Send RFQs to multiple vendors and compare price, delivery and terms side by side.

Automated 3-way match

PO, GRN and invoice reconciled automatically; no payment leaves without agreement.

End-to-end process

How it works

01

Raise purchase requisition

Any employee raises a PR with justification and delivery date; the system checks budget availability before routing for approval.

02

Vendor selection and PO creation

Procurement sends RFQs to shortlisted vendors, compares quotes, and issues a PO within the platform.

03

Goods receipt and 3-way match

Warehouse logs the GRN against the PO; the vendor invoice arrives; PO, GRN and invoice are matched automatically.

04

Approved payment to vendor

Matched invoices flow to payment approval; finance schedules payment and posts the entry to the ERP.

No PO, no payment — AP automation enforces purchase-order-backed payments only.

Product preview

Real-time visibility, not a month-end report

app.myvyay.io/p2p
42
Open PRs
100%
Budget-checked before commitment
₹64L
Payments due
PR / POVendorAmountStatus
PO-2041Acme Steel₹4.2L Matched
PO-2042BlueChem₹1.8L Pending
PR-3310TechParts₹90,000 In approval
  • Full cycle — PR, PO, GRN, invoice, payment — in one view
  • Budget utilisation live by department and cost centre
  • 3-way match status flagged automatically
  • Vendor scorecards inform renegotiation

Product preview

Approver experience

Approvers act from mobile — with budget context attached to every decision.

MyVyay P2P Approvals
  • New PR needs your approval
  • PR-3310 · TechParts · ₹90,000 · within IT budget ✓
  • Approve ✅
  • Approved. PO-2043 issued to vendor. Budget remaining: ₹3.1L of ₹4.0L
  1. 1

    Context-rich requests. Budget, vendor and policy shown inline with every request.

  2. 2

    One-tap decisions. Approve, reject or query without logging into a separate system.

  3. 3

    Auto-PO on approval. Approved PRs become POs to the vendor instantly.

  4. 4

    Live budget view. Remaining budget updates in real time as you approve.

Capabilities

What's inside P2P / Procure-to-Pay

Purchase requisition with budget check

Raise PRs with built-in budget validation — checked in real time before submission.

Multi-vendor RFQ and comparison

Send RFQs to multiple vendors and compare price, delivery and terms side by side, with an audit trail.

PO creation and approval

Convert approved PRs to POs in one click, with multi-level approval by value, category and department.

Goods receipt and quality inspection

Log GRNs against open POs with quality-inspection checklists; partial receipts and returns handled.

3-way invoice matching

Automatically match vendor invoices against PO and GRN, flagging any quantity, rate or tax discrepancy.

Spend analytics and savings tracking

Real-time dashboards by vendor, category, department and business unit, tracking savings against target.

Who benefits

Built for every stakeholder

Requisitioner

Raises purchase requests with specs and justification, and tracks approval and delivery status in real time.

Procurement Manager

Manages vendor selection, the RFQ process and contract compliance; runs spend analytics and savings reports.

Budget Owner

Reviews committed versus actual spend against budget and approves PRs within delegated authority.

Finance Controller

Monitors total P2P liability, cash-outflow projections and AP aging; approves high-value payments.

Vendor

Responds to RFQs, submits invoices via the portal, and tracks payment and dispute status.

Agentic AI

Specialised AI agents do the heavy lifting

MyVyay's agentic AI doesn't just surface insights — it takes actions on your behalf, enforces policy, and eliminates manual work at every step.

Smart routing

PRs auto-routed by category, amount, and department approval matrix.

Budget check

Real-time availability check before PR approval — blocks overcommitment.

Vendor suggestion

Recommends vendors based on category history, contract, and performance score.

3-way matching

Automated PO × GRN × invoice reconciliation with exception flagging.

Savings intelligence

Spend-pattern analysis surfaces savings opportunities proactively.

Human-in-the-loop: agents recommend and seek approval — people stay in control of every decision.

Proven impact

What customers see after go-live

60%

Faster procurement cycle

100%

Budget compliance enforced

40%

Cost savings from vendor selection

0

Maverick spend — no PO, no payment

Vendor negotiation insight

Aggregated customer outcomes; results vary by procurement maturity and volume.

Commercials

Plans that scale with you

Startup

Core procurement to get going

₹500 /user/mo

  • Up to 25 users
  • Purchase + Invoice modules
  • 2-way invoice matching
  • Single-level approval
  • Vendor onboarding
  • Email support
Talk to sales
Most popular

Growth

Full procure-to-pay engine

₹800 /user/mo

  • Up to 250 users
  • Everything in Startup, plus:
  • AI 3-way matching
  • Multi-vendor RFQ comparison
  • Full agentic AI suite
  • ERP integration (SAP/Oracle/Tally)
  • Vendor self-service portal
  • Priority support
Talk to sales

Enterprise

For complex, high-volume orgs

Custom

  • Unlimited users
  • All sub-modules
  • Whitelabel: ₹10–15L + 12–18% AMC
  • Deep bidirectional ERP sync
  • Custom workflows & SLAs
  • Dedicated success manager
  • Logistics & warehouse modules
  • Single sign-on (SSO)
Talk to sales

Pricing shown for India. Sold modularly. Implementation: ₹2L–₹5L one-time.

FAQ

P2P / Procure-to-Pay — frequently asked

Answers our solutions team gives in real evaluations.

Can it handle different approval hierarchies for different spend categories?
Yes — approval routing is configurable by category, amount, department and vendor, with escalation and delegation rules.
How does it prevent employees from bypassing the PR process?
AP automation is tied to PO-backed invoices only — an invoice with no matching PO can't be paid through the system.
Can vendors submit their own invoices?
Yes, through a self-service vendor portal, which also lets them track payment and dispute status.
Does it support multi-entity procurement with shared vendors?
Yes — vendor records, contracts and scorecards are shared across entities while budgets and approvals stay entity-specific.

Get started

Ready to transform your P2P / Procure-to-Pay?

See a live demo tailored to your industry and team size. Implementation takes 1–3 weeks.

2–4 week implementation · No lock-in · Priced per active user