Improved Performance: Streamline communication and keep track of each supplier’s performance with performance ratings.
Automation: Streamline procurement processes, cut out repetitive manual tasks, and reduce administrative costs.
Prepopulated Data: Reduce the time required to complete forms with prepopulated data fields, instead of requiring your employees and suppliers to manually enter all data.
Full Transparency: Keep suppliers and internal customers informed throughout the process, reducing frustrations, and the risk of miscommunication.
Document Management: Centrally manage copies of contracts, certifications, invoices, statements, and other documentation. Additionally, the system reminds suppliers and employees of any contracts or certifications that need to be renewed before they expire.
Analyse and Savings: Understand where and with which suppliers your company is spending money, evaluate spend patterns, identify critical dependencies on suppliers and opportunities to conserve money with early invoice settlements.