Which eProcurement Solution Is Right For My Company?
The majority of CPOs believe having a digital procurement solution is a good idea. Even so, most haven’t implemented eProcurement solutions in their company. You might have put off implementing eProcurement because it seems too complex, or too expensive, or you simply didn’t have the resources.
The more popular digital procurement becomes, though, the more important it is for your company to update your procurement process. And if you’ve started looking at your different options for eProcurement software, you’ve probably seen that there are a huge variety of options on the market.
So how do you know which e-Procurement solution is right for your company? Here’s a list of qualities to look for when selecting a software provider to help your company go digital in the procurement department.
Stability and Good Reviews
You probably don’t want to trust your procurement solution to a new company that no one knows anything about. It’s a much safer bet to choose a company that’s been in the industry for a while and has good review from other users.
It’s pretty well known in the enterprise IT/software industry that 1/3 of implementations fail entirely and another 1/3 are scaled back. Only 1/3 are fully implemented. This typically happens when the provider makes a mistake, exaggerates the product’s features, or hides extra fees. Make sure the company you choose can actually follow-through on their commitments.
Great Customer Service
Finding a supplier with a good implementation rate is an important first step. You’ll also need to make sure they won’t abandon you once they get the software installed. Make sure you choose a company with a good reputation for reliable customer service.
When you use an e-Procurement system, you don’t have to worry about updating the software or staying on top of new advances in procurement software. Your supplier is responsible for all that. This means you’ll want a software supplier who’s committed to continued research and improvement.
Complete, User-Friendly System
The system you choose should include all the features you need to handle your company’s unique procurement challenges. It should also be easy to customize. On top of that, you’ll need an eProcurement solution that’s user-friendly so employees can take full advantage of all its benefits. The right e-Procurement solution for your company will have a good balance of useful features and ease of use.
Suite of Products
Automating eprocurement might also get you thinking about automating other departments. Choosing a supplier who offers a suite of products to automate accounts payable, expense reports, and other financial systems makes it easier to expand your digitization in the future.
NextProcess Has Your Back
When you’re searching for the best eProcurement solution, look no further than NextProcess. Since 2003, we’ve been bringing years of experience in business process automation to work for your company. We have a near-perfect implementation rate and we’re always up-front about what our software can and cannot do.
During and after implementation, our Project Managers work closely with each client. We help to understand configuration options and find the right one for the goals and needs. We’ll also help with any questions you have after we set up your software. We’re committed to providing you with the most up-to-date, complete, and user-friendly system possible. To learn more and schedule a free demo, just contact us today.