Job Aid: NexsysOne PO/Invoice Process
This job aid is designed to outline the standard process for creating a BOM, submitting a POR, and generating a PO/Invoice through NexsysOne.
Process Phases
Levels
Level 1 = $0 - $10k = Market Manager
Level 2 = $10,000.01 - $25k = RVP
Level 3 = $25,000.01 - $1M = EVP
Initial “Service” BOM Creation
Here you will add and adjust needed products and quantities for work the vendor will be completing. The Bill of Materials (BOM) refers to both materials and services.
Submit the BOM by clicking the check mark in the top right corner. This will generate a POR/POR ID and begin the approval process.
Once submitted, the BOM status will show Approved.
You will not be able to submit the BOM until the Oracle Remarks Status shows “Synced”
Note: A single BOM may create multiple PORs/POs if there are multiple vendors attached to the items in the BOM or if additional items are added to the BOM after it has been submitted.
POR Approval Process
Option 1
The POR line item(s) is (are) created in the POR tab upon submission of the BOM. This generates a POR number and initiates the approval process. Double clicking this will launch the POR Info Screen.
Option 2
Navigate to the Procurement section and click POR.
Sort by Waiting For Approval.
Sort by the POR number that is located in the notification.
Sort by Waiting for Approval in the POR section of the Procurement module.
Individuals responsible for approving or rejecting PORs will see the following option in the bottom left hand corner:
If an additional level of approval is required, a pop-up will display asking for the additional approver to be selected. Otherwise, it will just ask to confirm your approval or provide remarks for the rejection.
PO - Purchase Order
The purchase order (PO) is created after all levels of approval have been received and the request is generated in Oracle. A PO number is created and sent back to NexsysOne appearing in the Oracle ID field (often referred to as the PO Number). A PDF of the PO is available under in the documents tab within the POR info screen.
Immediately, the POR tab will display an Acknowledge/Dispute option in the bottom right hand corner for the Vendor to select..
The Acknowledgement field will indicate the vendors’ acknowledgment or dispute of the POR.
Note: The vendor has three days to acknowledge the POR, otherwise it will auto-acknowledge. If they dispute the PO it will be sent back to the creator to revise and resubmit. Once the PO number is received, the vendor may begin to work on their deliverables.
Editing POs After Approvals
To reduce the quantity
Edit the original PO and submit. This will not require additional approvals, but should generate a new (additional) PDF.
To increase quantity
If no deliverables have begun, you can edit the original PO and resubmit for approvals to keep the same PO number.
If the vendor has begun work on the PO, add an item to the BOM and generate a new POR & PO.
Adding an item will always require the item be added to the BOM to generate a separate POR/PO.
Canceling POs
Once a POR is submitted for approval it can only be rejected by the approver.
If it has been fully approved and is waiting for a response from Oracle, it cannot be changed in any way.
Once it has come back from Oracle and a PO number is generated:
If no items have been invoiced the entire PO can be cancelled.
If anything has been invoiced it can no longer be canceled and each additional item that has not been invoiced needs to be individually removed from the PO.
How to cancel a PO or PO line item workflow:
Invoicing Process
Invoices are generated upon the actualization of specific payment milestones and initiates the payment process.
Actualization of any of the payment milestones will generate an invoice in the Invoice Tab as long as there is a corresponding product or service in the PO. A PDF of the invoice will also become available.
Similar to the PO process, the vendor will have 3 days to approve or reject the invoice, otherwise payment will automatically be processed according to the payment terms outlined in their Service Provider Agreement.
If a vendor rejects the invoice there are two possible outcomes:
If the invoice IS correct
WIthin the 72 business hours the vendor can still approve the invoice even if they have rejected it.
If they dispute and the time frame has been exceeded. Provide clarity to the vendor.
Un-actualize the payment milestone and re actualize it to regenerate the invoice for approval.
If the invoice is NOT correct
Un-actualize the payment milestone
Make necessary revisions to the POR and resubmit for internal approval.
Note: The original invoice will remain Rejected and a new invoice will be generated.
Generating PO’S & Invoicing for Fees