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Automate project payment processes across organizational boundaries
Project Paychain
byLarsen & Toubro Infotech Limited
Certifications
Solution Types
Extensions and Add-ons
Works with
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.
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. 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
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
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.
Solution Types
  • Extensions and Add-ons
Works with
  • SAP S/4HANA
  • SAP Cloud Platform
Publisher
Larsen & Toubro Infotech Limited
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...
Publisher Website