Purchasing
& Procurement Management System
Procurement is the purchasing of product components,
standard raw materials, customized supplies, and other
goods needed to conduct business operation. Electronic
procurement or e-procurement is the purchasing process,
conducted over the Internet. An e-procurement solution
should be fully automated, Internet-based self-service
system that streamlines purchasing between buyers and
suppliers.
Without an effective e-procurement solution, companies
are forced to use paper-driven purchasing processes
that results in wastage of valuable time, money and
resources. Companies typically lose thousands of dollars
because subsidiaries and employees purchase items without
leveraging on their consolidated buying and negotiation
power. The implementation of an e-procurement system
presents an opportunity for companies to leverage on
their buying strength and centralised processing without
compromising on speed and efficiency.
Our P2Manage™ e-procurement solution can help
organizations optimise internal procurement processes;
ensure the maximum efficiency gains are achieved and
substantially reduce the cost of operations. P2Manage™
is developed on a modular basis, such that all modules
can be implemented on a standalone basis or interface
with other third party system.
Product Highlights &
Features:
 |
P2Manage™ delivers faster and more effective
communication between buyers & suppliers in
a single integrated Java-based internet technology
platform. The Internet based technology ensures
that buyers and suppliers are able to access the
system at all times, dramatically improving response
times. For e.g., the General Manager of the buying
organisation will still be able to conveniently
access purchase requisitions and execute his approval
authority despite travelling overseas.
|
|
P2Manage™ reduces time and costs by automating
and streamlining procurement processes related
to requisitioning, sourcing and quotation management.
|
|
P2Manage™ provides role based access right
and security matrix to ensure that the data kept
in the system remains strictly controlled, such
that only the relevant employees with the necessary
clearance and rights are able to access the restricted
functions and information.
|
|
P2Manage™ enables buyers to perform detailed
feature-by-feature comparison between products
from different suppliers hence enhancing their
ability to make more informed purchasing decisions.
|
|
P2Manage™ is built on dynamic processing
and approval workflows which are highly flexible
and may be customised and configured easily by
the clients' authorised users. The dynamic workflow
function is catered to unlimited hierarchal levels
across multiple departments or subsidiaries ensuring
maximum flexibility.
|
|
P2Manage™ is highly customised to local
purchasing culture and requirements and do not
require extensive customisation required of foreign
competitor products from the United States or
Europe.
|
|
P2Manage™ possesses a "Supplier Module"
which enables suppliers to manage all their order
processing requirements in a single platform.
The features include supplier self-service updates
of product catalogues, invoicing, shipping &
tracking as well as customer management functions.
|
|
P2Manage™ incorporates a "Request for
Quotation" module which features include
price negotiation, negotiating history and audit
trail to ensure maximum transparency and accountability.
|
|
P2Manage™ includes a "Catalogue Management"
module which integrates products from different
suppliers into a single product catalogue for
the buyers.
|
|
