Automating procurement

Take the waste out of indirect procurement!

Improve your SAP purchase routines

Streamline and simplify requisition routines

Automate the generation of purchase orders

Automate invoice processing

Save a bundle in accounts payable

Make a short-list of approved suppliers

 

Check out the statistics

Negotiate better deals and save even more


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Optimize your supplier list

Selected suppliers and negotiated contracts will significantly lower your costs for indirect procurement.

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Automate your PO generation

Effortless conversion into SAP® purchase orders or SAP purchase order requisitions.

According to several independent surveys, ad hoc purchases represent a third of the average company’s total procurement. Furthermore, a large part of these are “Maverick” purchases, done without guidelines and outside existing agreements. This is expensive, in the order of an extra 35%.

That is why we'd like to end this waste and put the money back where it belongs: your bottom line.


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Work through your browser

Easy access for authorized users. Of course there is also an interface for SAP users.

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Increase your PO ratio

A larger percentage of PO-based supplier invoices will simplify your AP process and lower your costs.


Benefit from the optimal solution for essential indirect procurement categories, such as:

  • Maintenance and repair
  • IT
  • Travel
  • Finance and insurance
  • Marketing
  • Corporate security
  • Cleaning services
  • Automate enterprise purchasing processes by providing a cost-efficient way to manage and control your organization’s requisitioning, approval and ordering processes.
  • Eliminate time-consuming and error-prone manual procurement processes that result in poor visibility, lack of process control, and wasted opportunities for leveraging corporate expenditure
  • Focus on the core elements of procurement – shortening time to sourcing savings, increasing spend control and compliancy, leveraging contracts and improving your organization’s competitiveness through more efficient purchasing.
  • Rely on built-in best practices to provide ease of use, a high level of automation and an overall compliance with policies and contracts.
  • Audit trail functionality documents the entire process.

Catalog-based purchasing enables you to fully leverage contracts. It also provides your organization with full control over the quality of the product information, which can be utilized to automate the purchase- to-pay process.

When ready, requisitions are sent for review and approval using multi-level review and approval workflows that are easily adapted to meet your company policies. When a requisition is approved according to your purchase policy, an electronic order can be created automatically or by a professional buyer.

Scope

Any authorized person can create a purchase order requisition for any approved item through an easy-to-use web application that also offers approval workflow and an SAP purchase order generator.

Automation areas

All organizations with an SAP ERP.

Contact ReadSoft

Indirect procurement teamLet's go through your painpoints and possibilities together and find the solution that will do the most good.

The ReadSoft Procurement Team

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Whitepaper
  • Automated requisition handling

    This white paper shows you how to implement a simple, standardized entry process for all requirements in your company, and how this also benefits invoice verification processes as a result.