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How effective is your e-Procurement system?
Today's enterprise software promises to automate the procurement process and drive long-term cost benefits. But reluctant suppliers, off-contract spending, and the persistent need for manual intervention have caused savings to leak and costs to rise. The bottom line? You've invested heavily to automate transactions but continue to lose millions to ineffective processes:
- Sourcing: You've conducted strategic sourcing, but your buyers question which suppliers and products are preferred and continue to buy from the wrong suppliers.
- Spend: You've installed spend analytics software that captures less than 50 percent of your total spend. As a result, your managers cannot see what products their staff is buying from which suppliers.
- Contracts: You've negotiated supplier contracts, but a large percentage of your spend remains off-contract.
- Staff: Your procurement department must handle increasing workloads with limited resources.
- Catalog: Your staff is unable to find items in your catalog or a supplier's catalog.
SAQQARA CDM for e-Procurement
If you have not yet realized the vision of your e-procurement investment, it's time to reverse the trend. SAQQARA's managed service for e-Procurement is focused on overcoming these barriers to Enterprise Spend Management (ESM) success. We take end-to-end responsibility for the entire process, from making initial contact with suppliers, working with them to obtain their catalog content, (enabling them on a supplier network), validating, processing and normalizing the raw data and publishing an operations-ready enterprise-wide e-catalog. Our Commerce Data Management (CDM) system has helped many companies recover unrealized savings with:
- Greater user adoption - Greater supplier coverage, ease-of-use through single interface
- Maximum best spend - Broader SKU data, rich content to support best spend decisions
- Transaction throughput - Greater supplier connections
- Reduced error rates - Greater data accuracy and enforcement
- Lower operational costs - Data gathering, IT resource, hardware and software
Impact of SAQQARA CDM for e-Procurement
SAQQARA will host and manage your catalog and ensure that your data is current at all times. Plus, CDM for e-Procurement manages access to the catalog, so that individual buyers view only the materials required for their own activities. We ensure optimal supplier involvement, as well as accurate, current data, for better decision-making. The results are "touchless transactions," process efficiencies, and productivity enhancements. With CDM for e-Procurement, you will empower your ESM initiatives to deliver superior financial performance and sustainable competitive advantage.
SAQQARA CDM for e-Procurement can meet your company challenges with a suite of managed services that guarantee a return in weeks instead of years:
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