The key benefits from implementing ePlus' procurement software are:
Compliance and Financial Controls Compliance has become a critical aspect across all areas of business, none less so than in procurement where the money is spent. In Procure+, catalogs contain pre-approved items for selection so maverick buying is eliminated, and online approvals and budget checks ensure that your business rules are followed. Benefits – financial controls, correct accounting information, budget control, capturing accurate spend information at the beginning of the process.
Productivity and Process Improvement Buyers don’t need to see every purchase transaction. As purchasing professionals. their role is to create an environment for simple online procurement, supported by rich online catalogs so that users always find what they need. In that environment, everyone can be their own ‘buyer’ when they order from pre-approved catalogs at pre-negotiated prices. Benefits – faster ordering process at less cost, reduced maverick buying
Supplier Management and Cost Savings Since buyers are now out of the day-to-day routine tasks of converting requisitions into purchase orders, they can concentrate on what they should be doing – analyzing spend, evaluating suppliers, sourcing, negotiating, and contracting. Using the data captured in requisitioning and approval processes, Procure+ provides buyers with both the time, and the information, to do a professional job of supplier management. Benefits – Better mix of suppliers, increased supplier performance, direct reduction of purchased costs
