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