Procurement Solutions

• Share data from one integrated procurement system across multiple departments.
• Integrate vendor data, budget information and approval limits and processes.
• Easily track the status of procurements via workflow and assign responsibility for approvals at each stage of the process.
• Generate easily accessible reports and allow colleagues to generate their own one-off reports.
• Improve staff communication with automated alerts, and email announcements, such as new preferred vendor updates, or alerts that a particular project is at a certain part of the procurement process.

Improve compliance

One centralized procurements system will immediately improve your contract and regulatory compliance – all policies, contracts, templates are in the same place, and a clearly defined workflow gives you complete insight into your procurement processes.

Identify bottlenecks

SharePoint workflows will give you an insight of the entire process including identifying roadblocks and bottlenecks, thus permitting improvements to your procurement cycles.

Reduce costs

Reduce your costs on products and services by building a list of preferred vendors who are able to meet your standards and policies. An integrated procurements system gives you immediate understanding of which vendors are capable of delivering what they have promised, and gives you the ability to negotiate better terms.

Accountable process

Overall, a procurement solution developed with SharePoint will finally give you a more structured and accountable process for managing your spend on products and services, and integrate all your procurement data on one platform.