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Solutions : Purchasing : Business Benefits
LEVERAGE TOOLS AND INTELLIGENCE THAT DRIVE SUPERIOR RESULTS
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Closed loop process to realize savings
Standard and blanket purchase orders
Online buyer collaboration channels
Support for multiple and complex contracts
Streamline procure to pay across all spend categories
Standardize documents and common purchasing tasks
Efficiently exchange information and define requirements
Reduce off-contract, off-catalog pricing and buying
Achieve cost savings by streamlining procure-to-pay processes
Compliance monitoring and management
Purchasing workflows & permission settings
Approval hierarchy creation and enforcement
Requisition sourcing rules definition
Identify and address policy deviations
Reduce maverick purchases and unapproved buying
Check purchasing requests for spend approval
Dramatically reduce off-contract spend
Drive policy and contract compliance
Matching for shipments and receipts
Ordering from approved supplier catalogs
Analytics on orders, receipts, and activity
Supplier data, performance, and catalogs
Track supplier deliveries vs orders and invoices
Create orders using latest item data and contract pricing
Achieve a complete view of goods and services spend
Centralize supplier information and performance data
Improve supply base management with control of supplier and item information
Best practice, repeatable processes
Closed-loop, integrated processes
Performance tracking and review
Corrective action tracking and alerting
Accelerate and improve purchsing effectiveness
Capture measurements and lower purchasing costs
Make informed purchasing and contract decisions
Execute adjustments for rapid improvement
Ensure best-practice continuous improvement in purchasing and supply management
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