E-Sourcing is the most effective tool for integrating vendor management into the sourcing processes. From approved requisitions, through RFX, e-tender and relevant steps of vendor rating to price negotiation, you can easily manage the whole process without leaving the platform. E-Sourcing solutions helps you to get the real market price and choose the ideal supplier. All the data throughout the sourcing process is saved in the system, and can be reached anytime in the future, providing you have real-time feedback and full transparency.
- Catalogue management
- PO management
- Invoice matching
- Contract management
Req-to-PO automation is an essential part of effective operative procurement. With the help of these tools you can easily manage your requisition processes from (static catalogues, integrated web stores and even submit free text requisitions.) Approvals and POs across the entire hierarchy can be completed easily with a few clicks. You can also manage your signed contracts in the contract lifecycle management from the beginning of a project to appointing your vendors, and of course, long-term electronic archiving following that is now an inseparable part of process automation.
AP management automation enables users to handle every received vendor invoice in an easy and accurate way. In the case of electronic invoices or even paper invoices, it doesn’t matter if it is matched to a PO or not. You no longer have to worry about the attachments and/or of sudden purchases. With AP management automation you can save a significant amount of the costs, because you can handle all items precisely, with our on-demand or in cloud solutions.
- Electronic archiving
- Intelligent data extraction
- Vendor management
Every successful company has one mutual key success factor in common: they utilize the majority of their resources for their core activities, while their support functions are typically outsourced. The rapidly changing IT and business environment requires a flexible and adaptive attitude from every single company on the market. This is the very reason why more and more companies decide to purchase professional services rather than taking to investing large amounts into hiring more employees.