Back-office solutions

Purchasing Dossier

  • Improved efficiencies to reduce costs

    Improved efficiencies to reduce costs

  • More insights and improved control 

    More insights and improved control 

  • Better engagement and collaboration

    Better engagement and collaboration

CHALLENGES

Procurement departments are heavily impacted by the current climate. Pressures from supply chain issues causing shortages, price inflation, and finding better ways to stay competitive by managing vendor relationships, costs and resources, while trying to keep up with massive amounts of information are all top of mind for most organizations these days.​

Procurement departments are heavily impacted by the current climate. Pressures from supply chain issues causing shortages, price inflation, and finding better ways to stay competitive by managing vendor relationships, costs and resources, while tryin

61% of CPOs say procurement-related risks have increased, and confidence level on the ability of procurement teams to deliver on strategy has slipped.​

More than 50% of Financial (AP) leaders felt that their organization’s procurement function doesn’t always work as a strategic partner to the overall business. ​

75% of organizations, getting the right information to the right person in context is a problem. Isolated content silos that make automation of a process like procurement nearly impossible.​ On average, nearly half of organizations say their procurement and supplier contracts activities are at least 75% manual. ​

30% In terms of end-to-end process governance, only 30 percent of organizations report having procurement and AP as one integrated team.​ (Source: APQC Report 2021).

BENEFITS

  • A 360-degree view of all supplier documents, agreements and purchase history in one place

    A 360-degree view of all supplier documents, agreements and purchase history in one place

  • Permission-based access to self-service vendor documents that are secure and controlled

    Permission-based access to self-service vendor documents that are secure and controlled

  • Provide access to information for real time insights

    Provide access to information for real time insights

  • Automation for increased user productivity and reduced risks

    Automation for increased user productivity and reduced risks

  • Optimize operational process improvements to reduce costs

    Optimize operational process improvements to reduce costs

  • Connects people, documents and processes together, providing comprehensive document management controls

    Connects people, documents and processes together, providing comprehensive document management controls

Related solutions

Other business processes

  • Vendor Invoice Management

    Vendor Invoice Management

    See how EIM accelerates invoice and order processing through rapid data capture and automated routing, increases ROI by reducing cycle times and eliminating late fees and deliveries, improves productivity & ensures compliance.

    Benefits & Solutions
  • Contract Dossier

    Contract Dossier

    See how EIM accelerates the benefits of contract management: scalable, deployable per department and across multiple locations, central and secure storage of data, and many more.

    Benefits & Solutions

Uncover the right Information Management Solutions to boost your business.

Looking for ways to boost your business? Implementing the right information management solutions can be a key factor in your success. One of our experts is happy to share the quick and long-term wins.  During this 60-minutes session, we’ll investigate your current situation, goals, possible gaps, and share our knowledge and insights.