e-Procurement

DCS e-procurement solutions help streamline the procurement to pay process.

According to a latest Forrester research, implementing e-invoicing and e-procurement solutions together doubles the probability of straight through procurement to pay processing.

What is e-procurement?

Electronic procurement, sometimes also known as supplier exchange is the business-to-business, business-to-consumer or Business-to-government purchase and sale of supplies, work and services through the Internet

E-procurement is an invaluable tool in streamlining the procurement process ensuring that the process of procurement is as efficient and reliable as possible.

DCS e-procurement key features

DCS offers e-procurement solutions that automate the 4-step process of raising a purchase order -

• Allow staff to search authorised supplier catalogues
• Minimise rogue purchasing from unauthorised suppliers
• Create requisitions electronically
• Route them for approval
• Raise a purchase order
• Place order with the right supplier with the right T+Cs

Simplifying purchase requisition

• Preferred vendor options or  option to choose from popular items order historically
• Ability to monitor progress of requisition request

Monitoring purchasing activities

• Manage multilevel approval workflow
• Organisation wide view of purchase trends
• Monitor and control purchase limits through effective reporting and dashboards
• Retains records for audit purposes with complete details of all transactions

Managing vendor portfolio

• Benefit from volume purchasing power
• Leverage more negotiation power
• Evaluate performance of suppliers by comparing details like time taken for delivery and discounts offered.

Enabling real time budgeting

• Immediate availability of information on funds tied to purchases
• Better financial cash management

Find Out More

For more information on our e-procurement solutions call us 01753 616720 or complete our contact form for a fast, tailored response.