eProcurement
Simplify your procurement processes with
our user-friendly and complete Source-to-Pay platform.
The procurement system is recognized as a vital function within any organization. Both the CEO and CFO, along with the finance department, must always be informed of the ongoing activities and be able to audit the current stage of any purchase order. Conversely, the absence of an efficient management system can lead to operational bottlenecks and delays.
Implementing a secure and rapid internal procurement management and tracking system is key to ensuring seamless business operations. The eProcurement system by Pundvanich is an online solution designed to streamline the procurement process, providing C-level executives with 24/7 access to real-time data on every stage of the transaction.
eProcurement streamlines workflows and significantly accelerates the procurement cycle through automated, accurate digital record-keeping of purchase orders. It provides instant tracking and data visibility, boosting operational transparency. With Pundvanich’s e-Procurement system, executives gain the capability to more precisely forecast and plan the organization’s annual expenditure.
Source
Have access to qualified suppliers and shorten sourcing time. Your sourcing process is transparent.
Procure
Easy-to-use Purchase Request,
automatic Purchase Order creation
and Good Receipt on mobile.
Pay
Automate the matching of Purchase Order, goods receipt and invoice. Efficient and time-saving payment.
Benefits of our Sourcing Platform
- Presenting comparative data in a format that simplifies decision-making.
- All documentation is processed on the digital procurement platform, thereby helping to reduce paper resources.
- Real-time visibility into vendor delivery and service acceptance.
- Creating transparency in vendor selection.
Benefits of our eProcurement
- Reduce “requisition-to-order” Cycle Time.
- Quick and easy automatic PO submission to vendors.
- Approval data is accessible 24/7, and the system automatically sends an alert when a purchase order is fully approved.
Benefits of our Invoice Management
- Accurate and precise data through the automated matching system for purchase orders and goods receipt information.
- Reduce cycle time through eInvoicing.
- Flexible online configuration of trade credit terms.
- Seamlessly link purchase totals to the Accounts Payable (AP) module within the ERP.
Benefits of our Spend Analysis
- Retrieve procurement information and audit every stage of the process.
- Empowers effective strategic planning and future decision-making.
- Build strong relationships with key vendors/suppliers after analyzing the data.
- Analyze procurement system data to identify cost reduction opportunities and boost profitability.
- Optimize the end-to-end procurement process for greater efficiency.
