Guided Procurement with Paylocity for Finance

Paylocity for Finance raises spend management to a new level — and we want to show you how! With Guided Procurement, you can set up every purchase to meet the needs of all stakeholders like AP, procurement, legal, IT, and FP&A. It’s intuitive for every employee to use and simple for you to configure. It makes every purchase easy, compliant, and transparent. Modern spend management.

The cross-department requirements for a new purchase range from basic vendor and payment details to specialized ones like SOC attestations, W-9s, and contracts. Find out how our Guided Procurement product directs every employee on what information to collect while routing it to stakeholders in Paylocity for Finance, or directly to the stakeholder’s software like Jira or Ironclad.

You’ll learn how our no-code solution lets you configure the right approval and oversight flows to ensure compliance for your organization. We’ll show you how stakeholder milestones can be configured to trigger a request for approval directly in their own business systems and how that syncs into Paylocity for Finance. Never leave stakeholders in the dark again or employees unsure of who needs what. Guided Procurement also provides guidance on whether employees should raise a PO or pay a vendor directly with a virtual card.

Key takeaways:

1. Guides employees through an automated procurement process that makes it easy to request and get approvals for spend.
2. Controls risk — eliminate compliance leakage across all departments and automate the benefits of a centralized procurement process.
3. Unites stakeholders with a collaborative workflow that integrates with their systems, empowering the procurement team to focus on strategic spend.
4. Provides complete and real-time visibility into all the steps of the procurement process within one consistent workflow.