In any business climate, strengthening the bottom line is critical. One of the fastest and most economical ways to do this is by reducing procurement costs.
Using e-procurement systems from vendors such as Ariba, Oracle Exchange and Commerce One, companies are benefiting from lower procurement costs, faster order processing and improved control over purchasing options.
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| $33/order |
$121/order |
| 2.53 days |
9.72 days |
Maximizes existing contracts
Lowers inventory expense 25% - 50% |
Potential for off-contract "rogue" purchases |
Source: Aberdeen Group, Inc. 2001
For suppliers, online catalogs increase product exposure and up-sell opportunities. Up-to-date catalogs and product data result in fewer order errors and product returns. Order processing costs are reduced through streamlined transactions.
CustomCommerce's E-Procurement Connector implements "punch out" sessions from your customers' e-procurement "buyer" applications to e-catalogs containing customer-specific product lines, options, finishes and pricing.
The e-procurement application's username and password credentials are used to provide a single-session sign-on. Authorizations established by the e-procurement application for order creation, editing and inspection are enforced.
During the punch out sessions, customers have access to CustomCommerce's full-featured product selection tools. Once items are selected, the E-Procurement Connector routes the quote through the established requisition, approval and order processes. A BOM file accompanies the order, allowing for easy integration with order entry systems.
The CustomCommerce E-Procurement Connector earned Design Journal's Best of Show Award at NeoCon 2001.
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