Most employees would agree that Procurement processes are incredibly time-consuming and not at all user-friendly. With manual processes for supplier collaboration and lack of effective control over contracts, procurement processes tend to be quite sophisticated. This in turn means that there is very low visibility into sourcing performance, and businesses are unable to accurately gauge savings potential in their procurement processes.
Procurement Savings-as-a-Service ensures seamless implementation of Cloud-based apps in the procurement and expense space. This ensures savings throughout the Procure to Pay cycle, while providing higher visibility & control for optimized costs and also mitigating supply risk and enhancing user experience.