Direct Procurement
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- Manage the entire lifecycle of procurement including returned orders
- Undertake direct deliveries, pro forma purchase orders, and landed- cost including freight,
insurance, and unrecoverable taxes
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Trade Agreements (Vendor)
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- Manage price and multifaceted discount policies in all currencies
- Use workflows to drive compliance with internal policies
- Set up prices in a single currency with automatic conversion to vendor’s currency
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Agreements
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- Manage agreements based on monetary or volume commitments
- Set up agreements with specific terms and conditions
- Monitor agreement status
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Request for Quotations (RFQ)
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- Manage the RFQ process including vendor reply, comparison, and selection
- Enter vendor replies in the vendor portal
- Extend the procurement process with a cloud-based service to facilitate the RFQ (Request for Quotation) process
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Vendor Management
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- Extend the vendor on-boarding process with a cloud-based dialogue to improve the
vendor experience
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Indirect Procurement (Catalogue and Non-Catalogue)
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- Manage purchase requisitions of indirect goods and services
- Use a catalogue-based or non-catalogue-based procurement process supported by an
approval workflow determined by organisational hierarchy
- Create a Microsoft SharePoint®–based catalogue which supports punch-out capabilities to
external vendor sites
- Budget check
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Category Management
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- Define different category hierarchies related to commodity codes or catalogue/item
hierarchies
- Manage overall spending based on categories
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Purchasing Policies and Signing Limits
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- Enforce purchasing policies through a centralized procurement desk
- Define policy rules to support global policies and processes; automatic application to
purchase requisitions and purchase orders based on the legal buying entity and
operating unit
- Six policy rules; catalogue, catalogue access, purchase requisition RFQ, purchase requisition
control, purchase order creation and demand consolidation
- Expenditure reviewers and signing limits
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Procurement Reporting
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- Transactional reports
- Pre-defined data cube to generate analytical reports (e.g. vendor and procurement spend
analysis, top 100 vendors, vendor performance and KPI’s)
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Procurement Workflows
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- Drive and govern procurement operations using workflow
- Use a flexible and visual workflow engine to improve efficiency and compliance across the
procurement cycle
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