Jeremy Ferrer
Webinar :
Cross-border Purchases and VAT: Optimization Strategies
Tuesday Sept. 10, 2024 at 11 am (France)
Thanks to the centralization of data, e-procurement allows you to save money by avoiding double spending, by identifying the volumes of purchases that can be negotiated. But also to save money by reducing the costs associated with paper-based systems. (for example, the cost of stamps to post your documents, printing, etc.)
Electronic procurement management makes it easy to create and analyze procurement expenditure reports, which provides greater control over whether procurement procedures comply with your policies. Prizes are recorded and shared among all teams.
Once you master the e-procurement platform, e-procurement takes less time than traditional procurement. The auto-filling of certain information avoids double-entry by retrieving information directly into your ERP. This saves a lot of time.
With e-procurement, everything can be saved and stored electronically. This not only saves you the need for more space, but it also makes the process of finding old orders easier.
E-procurement is both fast and efficient. As electronic task processing automates and simplifies the buying process, transaction speed is increased. In addition, thanks to electronic relationships with suppliers, procurement cycle times are accelerating.
When multiple departments or sites make procurement decisions, there can be differences in what and how they buy. Electronic procurement makes it easier for each department to comply with company procurement standards.
Digitalization simplifies processes and makes it possible to automate error control. Also, orders placed are always stored and easily accessible, making it easier to compare orders to ensure that the new ones are accurate. Alerts can be scheduled, which allows you to be notified by email of any irregularity.
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