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Procurement
Combining business and IT expertise with innovative technology to deliver longer-term business value
– on demand, NOW
Increase procurement visibility
Measure business performance
Streamline procurement processes
Enforce compliance
Customize with ease
Increase visibility to procurement performance and business risk
- Give Buyer full visibility into work queues and exceptions
- Proactively alert Buyers and suppliers to procurement issues
- Enable Buyers to search, sort and prioritize workload
- Monitor supplier or commodity spend and purchasing exceptions
- Track department productivity
What does that mean to you?
- Effective supplier management
- Increase Buyer and Department productivity
- Proactively mitigate business risks and purchase price variances
- Avoid material shortages
- Reduce inventory, excess and obsolete write-downs
Measure and track performance to goals
- Measure procurement and spend performance to goals
- Use supplier scorecards to track supplier performance
- Evaluate impact of shortages on revenue
- Monitor cash-to-cash cycles and compare to goals
What does that mean to you?
- Effective supplier management
- Continuous improvement in procurement productivity
- Improve supplier performance and supplier base
- Strategically mitigate business risks
Facilitate direct materials replenishment.
- Automate 60-80% of buyer tasks for any procurement model
- Track all communication and alerts between suppliers and buyers
- Collaborate on push/pull of purchase orders, delivery dates, quantity and price
- Auto-create electronic purchase orders
- Share drawings and other documentation
What does that mean to you?
- Significantly increase Buyer and Department productivity
- Faster response to material quality and supplier exceptions
- Improved data quality and collection of process and business performance metrics
- Frees up buyers to improve supplier relationships
- Lower procurement costs
Enforce compliance
- Ensure compliance with easy to define business rules
- Automatic detection and handling of user-defined exceptions
- Complete audit trails
What does that mean to you?
- Achieve 100% compliance to SOX, supplier performance and supplier contracts
- Fully auditable system
- Visibility into prior history
Create or configure built-in, best practice workflows with certified ERP integration
- Create simple business rules with a drag and drop UI
- Easily modify existing rules
- Fully customize user interface
- Access ERP and other data anyhere on your corporate network or the internet
What does this mean to you?
- No maintenance or upgrade headaches
- Immediate ROI
- Scales with your business
- Minimal time to alter business rules
- A solution that adapts to enable changes in your business
