Saldor

What is Saldor?

Saldor is a software that combines procurement requests, approvals, vendors, purchase orders, and bills into a single workflow, allowing finance teams to manage their procurement process more efficiently. It fits into a user's workflow by automating tasks such as routing approvals and matching invoices to purchase orders.

What are the key features of Saldor?

• Automated approval routing based on amount, department, vendor, category, and risk

• Vendor onboarding and management, including contract collection, tax forms, and payment details

• Invoice processing with OCR technology, which reads bill details and matches them to purchase orders and receipts

• Three-way matching to catch fraud, duplicates, and overbilling

• Integration with existing tools and systems, allowing employees to work within their familiar workflows

Who is Saldor best for?

• Growing finance teams looking to streamline their procurement and accounts payable processes

• Companies with complex purchasing needs, such as those in the data center, factory, and robotics industries

• Businesses that currently manage their procurement process through email and spreadsheets, or cumbersome procurement systems

What can you use Saldor for?

• Streamlining the procurement process, from request to payment

• Managing vendor relationships and contracts

• Automating accounts payable tasks, such as invoice processing and approval routing

How does Saldor compare to alternatives?

• Unlike traditional procurement systems, which can be expensive and cumbersome to operate, Saldor offers a more efficient and cost-effective solution

• Compared to managing procurement through email and spreadsheets, Saldor provides a more organized and automated workflow

What integrations and ecosystem support does Saldor offer?

• The available source material does not clearly specify integrations, but it mentions that Saldor works with the tools employees already use, allowing for a seamless integration with existing workflows

What are the pros of Saldor?

• Pros: streamlined procurement process; automated approval routing and invoice processing; improved efficiency and cost-effectiveness

Frequently asked questions about Saldor

How does Saldor automate the approval routing process?

Saldor allows users to decide who signs off on purchases based on amount, department, vendor, category, and risk, and then routes the work accordingly

Can Saldor integrate with our existing accounting system?

While the available source material does not provide specific details on integrations, it mentions that Saldor works with the tools employees already use, suggesting that integration with existing accounting systems may be possible