Are you confident that your buying processes deliver maximum savings with every purchase? Do you know how often buying decisions don’t follow policies and contract terms? When companies can’t ensure consistent and compliant buying practices, they miss opportunities to reduce costs. And that hurts the bottom line.
A Buying Management solution allows you to control and track every contract and every purchase. This means you can maximize savings and align buying compliance with all policies and contracts. Results can offer:
- 13% average savings from reduction in contract leakage
- 5% average savings from increased operating efficiency
- Reduction in potential risk and fraud
Data Intensity’s Enrich Buying Management services, powered by Oracle E-Business Suite or Oracle Cloud Services, enable you to:
- Consolidate and streamline Procure-to-Pay processes
- Control maverick spend
- Ensure contract compliance
- Improve visibility into buying processes
Our Enrich Buying Management platform gives your users an easier and faster shopping experience, which promotes adoption. It provides visibility to Procurement managers, with a Behavioral Dashboard that analyzes metrics to increase accountability and improve compliance management.
Our solution also connects to the Oracle supplier network and supplier portal, so you can collaborate electronically with key suppliers throughout the buying process, which further reduces transactional processing costs. Our Buying Management services incorporate:
- All primary buying channels
- Online collaboration with suppliers
- A focus on cost-saving strategies
- Deployment as SaaS, on-premises or in a hybrid model built on Oracle platforms
- Seasoned experts in both the technology and purchasing domains
Contact us with questions about improving your procurement buying management and our capabilities to help meet your objectives.