Reduced supply costs by comparing vendor options and building supplier relationships.Improved cost control via authorizations and approvals.Critical supply chain benefits enabled by e-procurement software include: Is your supply chain as efficient and accurate as you’d like? Without procurement software, you may be missing an opportunity to ensure faster delivery times, economies of scale, better efficiency, and lower overall costs. Support for recurring purchases enables the creation of procurement orders in the future when particular conditions have been met and provides a means of significantly decreasing the labor associated with authorizing purchasing eventsĪpprove purchase requisitions in Fraxion. Vendor database functionalities allow for the tracking of payment and service terms alongside vendor order histories Receiving management functionality provides tools for verifying that goods have been properly resolved and puts in place workflows that allow for the timely resolution of instances where items are not received on time, in proper condition, or at all Requisition systems improve cost control efforts by formalizing a purchase review processĪutomated tools assist in the matching of vendor issued invoices to the corresponding procurement order provide an important cost control safeguard Use templates to create purchasing documentation for both internal tracking purposes and communication with suppliers use reporting data for order management Monitor the status of your purchase requisitions in Vroozi.

Coupa purchasing