Companies who use our e-procurement software can generate significant costs savings and improve procurement process efficiency by 60-70%

What Procurement Challenge are you trying to Solve?
Only implement the modules that you need. Let us configure a solution that meets your business needs and aligns with your business process.

Uncover the Truth in the Numbers:

18% - 40% cost Savings on Procurement Spend with Reverse Auctions!

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ProcurePort

A portal that facilitates and enables the procurement process, for  companies, charities, or governmental organisations.

Procurement Portal

Providing technology and / or services to support the new vendor sourcing process: from initial vendor landscape analysis, through to short listing, issuing RFIs (Requests for Information), issuing RFQs and RFPs (Requests for Quotes and Requests for Proposals respectively), going through the vendor and bid evaluation process, through to vendor selection, contract negotiation and signature.

Source to Contract (S2C)

A system, platform, software product, or service that enables effective management of the lifecycle of corporate contracts, ensures compliance with terms and conditions, manages renewals appropriately, and ensures payment of the right amounts at the right times, for the services contracted for.

With regard to software naming conventions: Contract Lifecycle Management software or CLM software can also referred to as Contract Management Software or a Contract Management System.

Contract Lifecycle Management - CLM

Platforms, software / applications, including finance and ERP (Enterprise Resource Planning) systems that enable efficiency, control, and risk reduction, over the procure to pay process from requisitioning a product or service, through to receipt, and payment.

Procure to pay is also referred to as purchase to pay.



A key deliverable of Procure to Pay is Business Spend Management, BSM, and a subcategory of this is Expense Management,   Procure to pay platforms facilitate efficiency in expense management, and enable easy approval of reimbursements.