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| QP Group Solutions - Procurement
Technology |
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"Can you afford not to release the
true power of
procurement in your organisation?" |
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e-Procurement is the management of the transactional purchasing process. It is
relevant for organisations with a large indirect spend of over €100m and very
relevant for companies spending €500m to €1bn in indirect spend. If companies
also have a scattered supply base, a large proportion of spend which is not on
an ERP system and purchasing compliance issues or a desire to standardise the
purchasing process, e-Procurement is a solution companies should consider.
e-Sourcing, on the other hand is a technological solution for the sourcing of
supply through RFI, RFQ and RFP, contracting for this supply with the selected
providers and the management of the relationship to ensure contract compliance,
performance improvement and to track savings.
Benefits of implementing an e-Procurement system include:
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Adherence to contract
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Spend avoidance through pre-authorisation
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Budgetary management
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Reduced accounts payable costs
e-Sourcing provides companies with a tool to manage their sourcing process
quickly and efficiently at reduced cost and to ensure that suppliers continue
to meet the business requirements.
QP Group and its alliance partners have years of experience in e-Procurement
and e-Sourcing solutions which have benefited many companies. We can provide
both full in-house systems and an ASP Model solution; support you in strategy
development, system selection, implementation and leverage.
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