Procurement is defined as the process of supplying or purchasing products or services from external sources. In purchasing activities, strong agreements should be made with suppliers to improve corporate performance and ensure the best agreement.
These agreements with suppliers involve a number of risk assessments. Procurement is one of the factors that affect the price of a company's product. Rising costs directly affect the prices of products or services.
The importance of technology in purchasing should be well understood. Benefits from software and business intelligence applications that will facilitate purchasing processes. Support can also be obtained from procurement processes or internally integrated financial software.
With SAP software and derivative software, daily work will be easier to compile and execute. Leveraging these products as part of digitalization is a way to increase the efficiency of your business.
It’s now difficult to see a business that can’t keep up with the digital transformation. Digital transformation should ensure digital transformation not only in the business as a whole, but also in its own and internal units. For example: cloud-based SAP software and publicly accessible systems will allow your business to be managed from a single screen. While digital transformation seems like a big movement, small activities are also steps of digital transformation.
In five steps, data on digitalization and its benefits can be found. The benefits of digitalization in purchasing can be summarized as follows:
Discover the benefits of digitalization with SmartProcure
Let's take firm steps together in the digital world.
If You Want Call First
Rapid ROI
Research shows that six of the managers or leaders responsible for purchasing believe that the e-procurement process (electronic purchasing process) will produce results in favor of the company. Many executives also believe that such an investment return will be realized quickly.
Innovations can be made in the applications developed, such as electronic procurement, expanding product equipment, and replacing machines with more modern technology. Compared to the traditional methods, these applications can be said to bring a faster return on investment.
Visible Cost Reduction
Costs stand out as a decisive factor in ROI calculations, both in terms of process and procurement costs. Through the software you can see the cost reduction over a period of time. By listening to what the numbers tell you, you can notice a noticeable increase in orders.
With an easy-to-manage system and panel, operations will be smoothly carried out. With screens that allow you to compare multiple offers, you can make the most profitable purchase at the lowest cost.
Better Order
If you’ve reached immediate results such as faster return on investment, lower purchase prices, and more capable procurement, you’ve been able to digitize your business in many respects. E-procurement, electronic order forms and electronically executed tenders will streamline your business process. In addition, when the request and request forms are processed in the software, no disruptions were observed.
Simplify Purchase
Digital transformation will simplify the business process for you. Fighting with a pile of paper to evaluate requests via automated requests or electronic tenders and offers via the application You can use systems to compare all offers on your behalf.
It will be possible to control your work and make purchasing decisions easily with the advanced control system. Integrated systems will allow you to do a lot of work on a single piece of software, rather than dealing with multiple programs or software.
Control and Compliance
Easy adaptation to business processes with advanced monitoring. Manage all your business processes from a single screen or a single software. Integrate your business. Transparent process operation and real-time monitoring Thanks to the technology at your fingertips, you can move around according to certain purchasing rules and remain on your business’ doorstep.