Digital Procurement - Digital Manufacturing
Why Digital Procurement?
A digital procurement can bring many benefit to your business.
- It automates repeatable tasks to boost efficiency, reduce costs, save money, bring transparency in purchase, reduces fraud and unnecessary purchase.
- It frees resources for more strategic work.
- It provide a competitive edge by improving the speed and quality of procurement and reducing risk
- Give you the real time insight across business, improves your day to day operations and decision making
- It improves collaboration between buyer, supplier and other third parties or business partners. Helps in building better relationships, lower transaction costs and decrease supply chain risks, collaboration also helps in creating more transparent relationships with supplier or business partners.
How our Purchase managemnt Software solution or eProcurement management system help you to implement Digital Procurement in your organization?
- Powerful web based solution and great value for the money.
- Online requisitions by department and related approvals
- Provision to record quotations offline or publish requisition to supplier portal.
- Analyze the quotation and related approvals
- Create Purchase orders and related Online approvals.
- Provision to define and control budget by departments and control of the budget.
- View historic purchase rates of an items.
- Provision to approve a quote till a future date to avoid future approval.
- Rank / Rate a vendor on every purchase order.
Supplier relationship management systems (SRM) - Supplier Exchange
- An interactive web based platform for supplier or business partner login to increase the collaboration
- Supplier can view the item requested and quote a rate, delivery quantity and date.
- Supplier can view the purchase order issued to them and accept or reject or put comment on that.