To optimise control, professionals need the tools to
effectively support the source-to-contract processes for
routine goods and services, as well as capital goods and major
projects. Most importantly, they need to streamline
operations and obtain best value through effective supplier
adoption, evaluation, and communication.
When the source-to-contract process is unstructured or lacks
proper controls:
- Buyers struggle to obtain best value suppliers and
agreements
- There is no accessible, well-classified directory of goods and
services that makes sense for end users
- It is difficult to collect requirements from end users and
manage complex sourcing events
- Supplier qualification and supplier on-boarding is often
subjective and time consuming for both parties
- Inefficient contract management leads to duplicated agreements
or automatic renewals, resulting in missed opportunities
- Buyers do not have visibility of the procurement process and
spend analysis, forcing fire-fighting and additional
administration
- Accounts Payable functions spend too much time answering
supplier questions about invoices and payments
- There are limited organisational controls to support financial,
buying and sourcing processes
Working with our clients, PROACTIS addresses these issues.