Direct Procurement | - 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) | - 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 | - 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) | - 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 | - Search for, maintain and support vendor requests and approvals via the Enterprise Portal
with workflow - Extend the vendor on-boarding process with a cloud-based dialogue to improve the
vendor experience
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Vendor Self-Service Portal | - Enable vendors to update proprietary profile data
- Upload catalogue content
- Review invoices and payment
- Notify vendors of organizational updates
- Respond to Requests for Quotations (RFQ)
- Monitor vendor performance
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Indirect Procurement (Catalogue and Non-Catalogue) | - 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 | - 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 | - 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 | - 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 | - 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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