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iprocure

By role · Finance

Every approval on the record, and no more sign-offs on WhatsApp

For a CFO who owns procurement, iProcure makes control visible. Every approval is decided in the system, often from a one-time email link, and logged with who, when and the comment. Department budgets and spend are computed from the records, not typed in. The dashboard shows spend against budget in your own currency and number format.

Three-way match

INV-2291, Acme Hydraulics

Sample data
POReceiptInvoice
Quantity404040
Unit price₹2.70 L·₹2.70 L
FreightIncluded·₹18,000Check

The problem it removes

What breaks today

Approvals happen outside the system

A nod in a corridor, a yes on WhatsApp, a PO raised afterwards. At audit time the evidence is a screenshot, if it exists.

Budget is checked after the money is spent

The requisition is raised, the supplier is engaged, and finance learns of the overrun when the invoice arrives.

Three teams keep three lists

Finance, legal and procurement each hold their own list of the same contracts and commitments. None of them agree.

Savings are claimed, not shown

A negotiated saving is announced once. Whether it was committed in the PO and realised on the invoice, nobody can say.

How it plays out

CFOs and Finance: your week with iProcure

01

Monday: budget in view before the money moves

Department budgets and spend are computed from the records, so the numbers are there before the request is approved. A warning to the requester as they raise it is on the roadmap.

02

Tuesday: rules, not reminders

Approval chains are live, and the approver decides from a one-time email link with the decision logged. Rules that route by amount, department and project code are shown on sample data.

03

Wednesday: departments, computed not typed

Budget, spend and savings per department, with the trend and supplier activity behind them. All computed from the records, so nobody argues about whose spreadsheet is right.

04

Thursday: savings you can trace

Baseline against awarded on every event is on the dashboard today. Invoice matching and savings tracked from negotiated to realised are shown on sample data.

FAQ

Questions about CFOs and Finance

Is the audit trail defensible?

Yes. Every approval, role change and record change is written to an append-only audit log. Not even an admin can edit or delete an entry. Approvals from email use one-time links that expire, so a decision taken on a phone carries the same evidence as one taken in the app. You'll see the trail in the 10-minute demo.

Can we set approval rules by amount and department?

Approval chains are live today, and one set of approval rules serves every module, so an intake request, an RFx publish and a contract award follow the same discipline. Rules that pick the chain by amount, department and project code are shown on sample data today.

Does iProcure do three-way match and invoice capture?

Invoice capture and matching against the order and the goods receipt, with exceptions explained, are shown on sample data today. Each country's e-invoicing rules are on the roadmap. We say so plainly rather than sell it as shipped, so you know exactly what you would switch on first.

How is iProcure priced?

By module. You pay for the modules you switch on, and you can start with two. Every module stands alone, so you buy two or nine as the need grows. We are pre-launch, so early customers join as design partners with a preferential seat rather than a list price.

Next step

See it live in 10 minutes.

Pick your region and the two modules that hurt most. We run your own category through the RFx spine on sample data. No access, no commitment, no build decision required.

  • Supplier-blind RFx
  • Independent evaluation
  • Approvals from email
  • Global & modular

Design partner's seat

Pre-launch and honest about it: you get the mechanism now. Design partners get a free 60 to 90 day pilot, a preferential launch price, roadmap input and a direct line to the founders.