E-procurement advantages

Using our bespoke solutions you will be able to increase productivity, provide visibility into day-to-day transactions and make it easier for users to procure the supplies that they need.

Reducing costs

Controlling menu costs requires a pragmatic approach at each stage of the supply chain. An idea that starts within a kitchen needs to be structured across all supplier relationships and shared with each member of the team if the aim is to reduce external and internal spend. Having true purchase visibility is as essential as a knife in the modern Chef’s tool box.

Visibility of spend

Centralized tracking of transactions enables full reporting on requisitions, orders processes and payments. E-procurement advantages extend to ensuring compliance with existing and established contracts.

Productivity

Our customers can obtain the goods they need from a catalogue of approved buying list via an on-line requisition and ordering system. Procurement teams and financial departments can be released from processing orders/invoices and handling low value transactions to focus on strategic sourcing and improving supplier relationships.

Controls

Standardizing the approval processes and procurement workflows ensure that the correct level of authorization is applied to each transaction and that spend is aimed at pre-negotiated contracts. Purchasing compliance and administrative tasks are improved as it limits the need to purchase outside the system.

Using technology

E-procurement advantages are significantly improved when the system is combined with our other modules such as price comparison, menu creation and stock control. Together this framework improves efficiencies across the entire hospitality sector.

---