“Paymetric constantly solicits feedback from our customers to ensure XiBuy provides the strongest solution for managing and integrating procure-to-pay purchasing card expense management in SAP,” said Kathleen Nugent, VP of Business Development at Paymetric. “This release of XiBuy includes new document management and SAP Supplier Relationship Management integration functionality, as well as several enhancements to existing features, which make it a powerful choice for corporate and public sector enterprises seeking to capitalize upon their SAP investment and adopt a proven best practices-driven purchasing card solution.”

XiBuy is a premier SAP certified solution that enables p-card transactions to be managed directly within SAP and in harmony with existing accounts payable processes and controls. The result is increased efficiency, improved visibility into spend and expanded use of purchasing cards. Additionally, accounts payable professionals can pay purchase orders in SAP with p-cards, resulting in dramatic program growth while preserving prudent spend controls.

This latest XiBuy release adds value to Supplier Relationship Management (SRM) functionality by combining the assignment of card numbers to SRM-initiated purchases, with powerful back-end reconciliation and accounting.

New to XiBuy 3.0 is a document management feature that enables users to link to scanned purchasing card receipts and associate them with the card transaction record. This critical audit function also allows other desktop objects (e.g. PDF, image, Word or Excel file, etc.) to be linked to a transaction record for improved documentation.

Building upon current purchasing card trends and customer demand, the release also includes functional enhancements to improve usability and drive purchasing cards further into an organization’s critical P2P flows. Enhancements include:
Compatibility with Paymetric’s new XiSecure™ solution
Purchasing card payment of existing SAP invoice
PO “proposals” for enhanced matching of Level 1 transactions

For more information about Paymetric’s purchasing card solution and other innovative payment card products, visit the company website at www.paymetric.com.

ABOUT PAYMETRIC

Paymetric, Inc. provides innovative software for managing, protecting and integrating payment card transactions in enterprise applications, most notably SAP. Paymetric combines proven expertise in ERP payment processes with powerful software and services to improve return on card acceptance, optimize purchasing card programs, and reduce barriers to compliance. Paymetric is an Austin Ventures portfolio company and an award-winning SAP software partner