Electronic enablement of procurement is a smart solution, developed exclusively to reduce the costs of your sourcing operations.
Automation of the procurement process is a great boost for businesses. It enables rapid connection with their supply base. And has undoubted credibility in improving the overall supply chain mechanisms. E-enabled procurement emerges as the most reliable process.
Electronic enablement of procurement is designed with many variations and alliterations, depending on the magnitude and nature of the business. But at the core, it primarily aims to achieve a reduction in the cost of procurement and to bring a positive change in the organizational culture. Procurement professionals have multiple options to opt for e-procurement and e-sourcing. But identifying the right direction, guidance and toolbox remain a hindering aspect for growth. The process is flooded with critical procedures like the online ordering process, the procedure to pay systems and many more.
CHOOLS Strategic Sourcing and Procurement experts are seasoned veterans in business. Their experience and partnerships with accomplished industry players set them apart from the conventional consultants on procurement e-enablement.
Our team will empathize with your business requirements and will identify the appropriate set of e-procurement and e-sourcing tools to achieve optimal results for your organization. Our experts will assist you in arriving at best decisions for your organization to thrive and accomplish its strategic objectives. From implementing a full scale procure to pay system, to negotiation and buying of a purchase card, our service encompasses all of your unique requirements.
Positive outcomes identified with e-enabled procurement:
- Reduced maverick buying, costs and errors in ordering.
- 360 degree analytics and purchasing controlling solution
- Master data management.
- Implementation of e sourcing
- Document management system. For transparent invoices and contracts.
- Improved compliance of contracts, visibility on spend categories.
- Increased supplier involvement.
- Development and implementation of your digital roadmap.
- Transparent processes with ensured higher compliance.
- Significant savings through process improvements.
In an electronically advanced world, transaction time and accuracy impact the purchasing decisions. Streamlined processes, with e-sourcing tools, reduce the transaction time. CHOOLS e-procurement experts acknowledge your individual business needs. They contribute effectively to the identification and selection of optimal tools, technology choices and software solutions for your business. Their counsel is assured to result in effective interactions with suppliers. Our service aims at ultimately providing technical deployment and implementation support, to set your organization on the path of significant ascension. Our sincere knowledge transfer is conducted to effectively enable our clients to be capable with successful executions in their future initiatives.