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Spend Management Pick
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| Title
- Ariba Procure-to-Pay |
| Vendor
- Ariba |
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Short Description
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| The Ariba
Procure-to-Pay - Basic and Professional Packages deliver rapid
cost savings by restricting maverick buying and increasing the
efficiency of the entire procurement cycle. Each solution delivers
an intuitive, self-service purchasing process with a walk-up
user interface that drives rapid stakeholder adoption across
the organization. |
| Ariba
Procure Download |
|
| - NexProcure for procurement |
| NexProcure for procurement
Description |
Employees throughout your company need help from the procurement or purchasing department to create and manage contracts with suppliers of a wide array of products and services. Whether theyre from manufacturing, marketing, R&D, or elsewhere, these business users are simply looking for timely response and the right terms so they cost-effectively can get what they need to achieve their own business goals.
The Nextance solution for Contract Performance Management (CPM) offers important capabilities and benefits for procurement departments in four key areas: decreasing costs, vendor management, contract cycle times, and risk management.
Costs
Your primary responsibility is to acquire the products and services your company needs at the lowest possible cost. Yet, after the contract is signed, poorly managing your agreements results in undermining that goal. Nextance CPM solutions deliver an online contract repository for all of your agreements. The increased visibility that results decreases off-contract spend, reduces the risk of overpayments and penalties, and ensures you claim all rebates and discounts to which youre entitled.
Vendor Management
Our online RFx system improves the efficiency of soliciting and analyzing responses from vendors, resulting in the best fit for each new request. For existing contracts, our online contract repository provides the ability to easily analyze vendors past performance as input to selecting the best vendor for each request, negotiating optimal terms, and improving vendor relationships The automatic notifications also reduce the risk of auto-renewal of unneeded contracts or allowing needed contracts to expire. |
| - NexProcure for procurement
Download |
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