It is getting more and more common to buy services as a subscription model rather than just buying a product up front. The whole SaaS model is based upon this.
My question: How do you in this community deal with these purchases?
My experience is that companies purchases subscriptions without a purchase order and deal with manual postings on invoice.
If we would use the normal flow in IFS, and create a Purchase Order for this purchase. I would have to make a receipt of the PO to get invoices to match. That would be as much, or even more, work than just to deal with the invoice. Also, I don’t want to receive a larger amount than I am supposed to pay each month which would force me to do a receipt each month.
Ideally there should be a functionality where I can create a PO and accept invoices/payments with re-occuring settings (for instance each month for a 2y period). It should be enough to approve one time that the purchase/payments will be done in accordance with Supplier Agreement.
Purchase of reoccurring service
+21Hi Markus
Which IFS Application version do you use?
Thanks,
Asela
+22After the 1st invoice is created, you can create recurring invoices for each month. Maybe this could help with the flow.
One part of this question is about matching the invoice to the PO without having to receipt the PO every month. I have a customer who also requires this functionality.
Is there a way in IFS to match an invoice to a PO without having to receipt the PO?
+22Reply
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