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CBS e-Procurement services eliminate chaotic and administratively burdensome purchasing processes especially with large volume of transactions. Visibility to purchase orders status is often manually tracked, matching of purchase orders to receipts and invoices take days to consolidate. At times even the actual quantities of the shipment are often unknown until receipt. Often these activities are routinely communicated via email or phone and not properly tracked.
CBS e-Procurement services are designed to help organizations to consolidate and streamline the entire procurement processes to an orderly, effective and efficient process. Some of the key benefits are:
- Improved purchasing productivity
- Reduce ordering cycle time
- Provides ongoing support to strategic sourcing
- Increases volume leverage opportunities
- Knowledge access to actual spend data
- Reduces maverick buying costs
- Reduces processing costs (also for suppliers)
- Improved supplier communications and relationships
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