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Modern PO

FOUNDED : 2021

LOCATION : US & Canada, US

TEAM SIZE : 2-10

SOLUTION MATURITY : Startup

Core functionality
Classic P2P and S2P
Additional functionality
Source / Procure-to-Pay (S2P and P2P)
Description

Modern PO is a procurement solution for simple PO and RFQ management. It aims to connect your supply chain as efficiently as possible.

Modern PO allows you to create RFQs easily and without spreadsheets or data re-entry. It enables management of POs and supplier communication with automation and messaging tools.

It provides time saving tools through a user friendly interface. Users can create 100s of RFQs quickly, allowing them to request and receive quotes in record time without spreadsheets.

Additionally, the platform enables you to manage multiple shipments and individual quantity receiving information, while validating invoices against purchase order amounts and partial payments.

The platform’s reports track spending by project and accounting codes. With Modern PO you can track shipping, invoice, receiving and inventory information within a platform that connects to your accounting and payment systems.

According to ModernPO’s website, “If you process more than 20 POs per month using old systems, Modern PO can pay for itself.”

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