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Project Paychain
by
Larsen & Toubro Infotech Limited
Get It Now
Project Paychain
by
Larsen & Toubro Infotech Limited
Automate project payment processes across organizational boundaries
Seamless collaboration across stakeholders to maintain project specific receivable & payable contracts and generate periodic ‘Progress Applications’ & 'Payment Certificates' (with approval workflows and compliance documents) in integration with SAP S/4HANA.
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Certifications
SAP Certified
Solution Types
Extensions and Add-ons
Works with
3 SAP Solutions
Benefits and Features
Benefits
Get visibility of customer Contract line-item wise performance & Proj. Cashflow
The intelligent theme of Paychain enables mapping of key vendor/subcontractor contract line items with respective line item of customer contract. This provides thorough visibility of customer contract line item-wise performance in terms of project receivable and payable.
Collaborate with Partners on real-time and simplify BOQ Progress Application
Multiple progress entry (quantity, percentage, absolute value) options & business-centric views (Current, Previous, Cumulative) provide easy-to-use interface. The progress entry can be mutually agreed and derived w.r.t project receivables & payable through real-time collaboration between partners.
Generate Invoices & Payment Certificates automatically
Post progress approval, Project Paychain facilitates auto-invoice generation for customer and vendor contracts, as agreed between stakeholders. The product also creates interim and final payment certificates automatically w.r.t local regulatory norms.
More Benefits
Industry specific contract structure set-up
Master & child contract (e.g. Unit Rate, Milestone, T&M) details, Hold-back terms, documents for submission with approver & reviewer details for approval cycle can be set-up quickly through seamless integration with back-end SAP ERP (e.g. SAP S/4HANA or ECC6.0).
Sales order - purchase order linkage
Addresses industry-specific scenarios, such as “Pay when get paid” and “Implementing back-to-back clauses” through linking vendor/subcontractor purchase order to customer contract line-item and analyzing the revenue vs costs at the customer contract line item level.
Easy Payment Application creation & processing
Create and manage payment applications from start-to-finish, based on project progress, workflows, hold-backs, etc. by collaborating with suppliers and subcontractors through controlled (restricted to individual contracts only) and secured SAP Cloud based solution platform.
Change order execution & contract management
Manage increases/decreases to prime contract, documentation, client-specific templates, approval workflow, etc., along with corresponding changes in subcontracts, payment certificates and workflows.
More Features
Plans and Pricing
SAP S/4HANA Cloud (STE) Edition
From
USD
50,000
.00
Per One-Time
Get It Now
SAP S/4HANA Cloud (STE) Edition
Quick cloud deployment
Clinical Contract and Subcontract management
Easy project payment management
SAP S/4HANA On-Prem Edition
From
USD
100,000
.00
Per One-Time
Get It Now
SAP S/4HANA On-Prem Edition
Quick cloud deployment
Clinical Contract and Subcontract management
Easy project payment management
One-time License Cost + 22% of One-time Cost for annual maintenance
Technical Information
The information contained in this section is provided by the publisher.
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General
Solution Types
Extensions and Add-ons
Works with
Industry Cloud
SAP S/4HANA
SAP Extension Suite and SAP Integration Suite
Certifications
SAP Certified
Category
ERP and Finance
/
SAP S/4HANA
Deployment
Operations
Security
Compliance
Globalization
Resources
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Privacy Statement
Terms and Conditions
SAP Certified - Integration with SAP Cloud Platform
Visit Website
LTI Project Paychain Video
Watch Video
LTI Project Paychain Solution Brief
Read PDF
LTI Project Paychain OnePager
Read PDF
More Resources
SAP Certified - Integration with SAP Cloud Platform
Visit Website
LTI Project Paychain Video
Watch Video
LTI Project Paychain Solution Brief
Read PDF
LTI Project Paychain OnePager
Read PDF
LTI Project Paychain Brochure
Read PDF
Publisher
Larsen & Toubro Infotech Limited
View All Solutions
LTI is uniquely positioned as Partner, Co-Innovator and Customer of SAP over 20+ years of long-term relationship. In the collaboration space, we are one of the top 16 strategic GSSP partner and exclusive partner for S/4HANA MOVE Program. We have co-inn...
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Publisher Website
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