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The mobile, social, Internet of Things, cloud, and analytic capabilities built into modern best practices for procurement enable you to streamline the requisition process. Create ad-hoc and planned requisitions automatically or manually. Empower employee efficiency with rule-based, self-service tools. Securely create, share, and approve requisitions and receive goods and services with mobile devices and social media. Use the following best practice as your roadmap to a more strategic, efficient, and data-driven procurement process.
Create purchase automatically or easily locate intended goods and services from approved catalogs via consumer like UI.
Route approval automatically based on defined thresholds, approval hierarchies, and purchasing categories.
Automate purchase order creation for approved supplier based on negotiated pricing and contract terms.
Route approval automatically according to predefined business rules.
Automatically deliver approved purchase orders via secure electronic channels or supplier portal.
Record goods received or approve invoices for services rendered to trigger automated matching in payables.