Milestone Based Payment

Milestone based Payment enables you to specify multiple payment stages at order and record the stage wise order completion to make the multiple payments. This feature facilitates you to avoid delays in payment when the procurement orders are with high monetary value and of longer time frame. Consolidated financial documents can be generated for more than one milestone of an order.

You can partially accept the target and pay as per the acceptance or completely reject the target if not satisfied by the work of supplier. In case of partial acceptance, the payments are partially released through milestone based payments.

Getting Familiar with the pages inside