Catalyst - the next software your company should purchase!
Use Cases and Deployment Scope
[Catalyst, by EBM Software] is being used to track invoices from our vendors. It is very helpful in knowing what invoices we have to be paid and when they are due as well as their payment status. [Catalyst, by EBM Software] is being used mainly by our AP department to keep track of these invoices. It addresses the problem of duplicate payments on an invoice and making timely payments to vendors.
Pros
- Managing invoice duplication - this allows us to know when we have multiples of the same invoice in the system so that we do not pay the invoice twice.
- Managing invoice status - lets us know if a invoice has been approved in the system or is still out for approval on the approvers que and also if it has been paid or is still pending payment.
- Creating a new vendor - the system allows and alerts us that there is a new vendor that we have not paid before and lets us set it up so that new vendor can get paid in a timely manner.
Cons
- The browser closes unexpectedly at times when refreshing the page and you get logged out
- The incorrect vendor is chosen by Catalyst a few times
- The Catalyst file is occasionally not placed on time in the folder
Likelihood to Recommend
[Catalyst, by EBM Software] is well suited to track invoices from vendors to get them paid on time to avoid late fees. [Catalyst, by EBM Software] is less appropriate when paying vendor because that is not a function they currently have. If the system was an all in one system that could track and pay your invoices it would be an amazing software.
