Know your spend down to the last penny
Tasked with running your organization’s eProcurement initiative, you know that your success depends on carrying out all business-related purchasing through approved channels. The higher the proportion of spend that is channeled through the eProcurement solution, the greater the benefits to your organization. The advantages include improvements to savings capture, elimination of paperwork, and reduction of time wasted on chasing suppliers and correcting errors. Extensive adoption and high rates of spend coverage also yield substantial advantages. Crucially, the information related to spend and commitments generated by eprocurement provides management with greater visibility into the organisation's cash flow and working capital position, resulting in improved effectiveness, accuracy, and agility in the management of finances and corporate performance.
Key benefits
- Catalog enablement– Basware’s open network approach drives supplier enablement and facilitates acquisition and effortless updating of supplier product catalogs
- Extensive category support – Basware Purchase Management allows flexible configuration of data, processes and rules for ready application in many categories including services
- Comfortable user experience – Catalog based requisitioning coupled with powerful search, guided processes and automatic population of data fields simplifies purchasing and requires minimal training
- Empowerment of professionals – Basware’s integrated solution allows non-purchasing staff to concentrate on managing the business while still benefiting from management tools such as Contract Lifecycle Management
- Single instance eProcurement for global organisations – Basware’s solutions have unparalleled support for large rollouts in cross border, multi-language, multi-ERP environments