Helping global enterprises realize rapid and sustainable savings across the source-to-pay life cycle
Enterprises today are increasingly seeing procurement as a strategic function, given the impact it can have on the margins and bottom-line. However, despite having technology-enabled procurement systems, frameworks and processes in place, procurement executives continue to face several challenges. These include:
- Inadequate spend visibility
- High savings leakage
- Maverick spending
- Disparate procurement processes and systems
- Unsatisfactory contract management and compliance
- High total cost of ownership (TCO)
The need to successfully navigate these challenges while taking the procurement function to the next level remains high on the priority list of procurement executives.
ProcureEdge helps global enterprises move their procurement function to the next level by enabling them to realize rapid and sustainable spend savings while providing transformational business benefits across the Source-to-Pay (S2P) life cycle. Delivered in the Cloud, ProcureEdge is a flexible and scalable platform, which can be deployed rapidly enabling enterprises to enhance savings, reduce total cost of ownership (TCO), and improve supplier performance and compliance measures.
Offered on an outcome-based, pay-as-you-go pricing model, ProcureEdge provides enterprises with better spend predictability and visibility, while lowering their capital investment outlay by converting capital expenditure (CAPEX) to operational expenditure (OPEX).
Pre-built, and pre-configured with industry best practices, ProcureEdge helps companies achieve faster time-to-market and is designed to help companies benefit by way of:
- Superior sourcing and category excellence
- Enhanced spend control and visibility
- Improved process standardization and efficiency
- Best-in-class technology and tools
- World-class sourcing and procurement services
- Improved compliance