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PRODUCTS  »  eProcuremate  »  About eProcuremate
eProcuremate is a collaborative e-Procurement solution, which allows buyer organizations, its suppliers and trading partners to collaborate in the Supply Chain Planning and Fulfillment of both Direct materials and Materials, Repair Operations(MRO) items. eProcuremate goes beyond conventional e-Procurement solution and enables organizations to achieve a high level of collaborative commerce through a virtual private marketplace.
Major objectives of implementing eProcuremate in any organization include:
» Automation of the entire procurement process, including PR, RFQ's, purchase order, invoicing, shipment process , payment process and various reports.
» Track inventory levels of items and trigger purchase request if the inventory falls below the re-order level.
» Provide availability of real time status information of PO, invoice, shipments and payments over the internet to the vendors resulting in higher customer satisfaction and paper less transaction. This would also reduce manual errors and lead to accurate information at the fingertips of top management.
» Enhance communication and tracking between buyers, their suppliers and trading partners.
» Drive supplier participation and increase responsiveness by enabling suppliers of all sizes to process orders, generate invoices and update specifications.
» Increase sourcing process efficiency by using approved vendor lists to select an appropriate source of supply for unassigned demand.
» Ensure compliance by decentralizing the process while at the same time maintaining central control, and allowing purchasing professionals to focus on managing relationships instead of transactions.
» Manage total spend through close monitoring of operational performance and benchmarking of supplier relationships.
All the above factors help in reducing the cost of operations, communication, improve the margins and finally help the business contribute to the bottom line of the company.
 
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