The procurement process is error-prone and often presents many uncertainties for those involved.
One often only realises that the procurement policy has not been fully adhered to at the point of invoice processing. The Spend Cloud’s procurement software automates this process, which makes it simple, transparent and clear for all involved. The Procurement module offers a streamlined process, with approval now taking place in advance and ambiguities in procurement policy becoming a thing of the past.
Advantages of procurement software
Prior control over ordering habits
define the ordering options, items and suppliers from whom employees may buy in advance. This brings the approval process forward to an earlier stage and the procurement policy is complied with automatically.
Streamlined procurement process
employees can simply order from preselected suppliers. Budget holders can approve invoices with a single click via app or desktop.
3 way matching
combination with the Invoicing module enables automatic recognition and approval of invoices by means of 3-way matching. This makes the Purchase-to-Pay process even more efficient.
Clear analyses of the procurement process
the built-in analysis function is linked to suppliers, so you can easily carry out analyses of the procurement process. The top 25 suppliers based on procurement volume, or procurement figures per product group are just some examples of analyses that can easily be carried out with this functionality.
More information
Catalogue management, over 100 available OCI links and far more, view all the features of our procurement software on the fact sheet.
Procurement in the Spend Cloud
Procurement
Invoice Processing
Contract Management
Cash & Card
Expense Claims
Spend Cloud
The Spend Cloud is a complete solution containing five different functionalities to control all business expenses. You decide which functionalities suit your organisation, at what time.
Procurement
Procurement is an important expenditure stream and is therefore part of the Spend Cloud. The Procurement module offers control over ordering habits and streamlines the procurement process, so this process becomes simple and transparent for all involved. Combining the Procurement, Invoice and Contract Management modules gives you control of the whole Purchase-to-Pay process within a single Spend Cloud.
Read more about Procurement Invoice Processing
The Spend Cloud’s digital invoicing gives your organisation insight, oversight and control over this time-consuming process. Combining the Invoicing module with the Procurement and Contract Management modules gives you control over the whole Purchase-to-Pay process within a single Spend Cloud.
Read more about Invoice Processing Contract Management
The Contract Management module makes managing contracts simple and clear. Unwanted contract extensions are now a thing of the past. Combining the Contract Management module with the Procurement and Invoicing modules gives you control of the whole Purchase-to-Pay process within a single Spend Cloud.
Read more about Contract Management Cash & Card
With the Cash & Card module, employees receive payment cards for their business expenses. These cards can be fully controlled by the organisation itself. This offers convenience for employees, and control and oversight for the organisation. Combining the Cash & Card module with other modules enables management of all expenditure streams within a single Spend Cloud.
Read more about Cash & Card Expense Claims
The Expense Claim module makes claiming expenses a clear and streamlined process. Combining the Expanse Claim module with other modules in a single Spend Cloud enables central management of all expenditure streams.
Read more about Expense Claims
