Control your cost and improve your supplier negotiations.
Fifty-eight percent of all organizations that implement a digital procurement solution will save at least 10% on purchasing costs. Nearly one-quarter of organizations reduced their purchasing costs by more than 25% after a year.
Centralize and automate your purchasing workflow.
Utilizing e-procurement solutions helps organizations improve their purchasing centralization by 40-60% on average after a year.
Reduce your maverick spending and errors.
One-third of organizations report a reduction in maverick spending and purchasing errors by at least 40% each upon implementing digital procurement solutions. Fifteen percent realized a reduction of 70% or more in both operational areas.
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Regain control of your money and eliminate the hassles of manual procurement.
Control your cost and improve your supplier negotiations.
Fifty-eight percent of all organizations that implement a digital procurement solution will save at least 10% on purchasing costs. Nearly one-quarter of organizations reduced their purchasing costs by more than 25% after a year.
Centralize and automate your purchasing workflow.
Utilizing e-procurement solutions helps organizations improve their purchasing centralization by 40-60% on average after a year.
Reduce your maverick spending and errors.
One-third of organizations report a reduction in maverick spending and purchasing errors by at least 40% each upon implementing digital procurement solutions. Fifteen percent realized a reduction of 70% or more in both operational areas.
Who is NextProcess?
Founded in 2003, NextProcess brings a unique blend of technology and service expertise to the Procure to Pay (“P2P”) marketplace. We have years of experience in the procurement, accounting, and technology fields. Our mission is to provide each client flexible, robust functionality within our applications while driving low cost of ownership.
What we do?
We harness the power of process automation and technological advances to create and support innovative tools that better serve your business. As a Software as a Service (“SaaS”) provider, we develop our software in-house with input from our clients and our staff. Annually, we process millions of transactions securely. We tailor processes and workflows, adding our unique perspective and expertise to meet each client’s ever-evolving business needs.
Why choose us?
Service
We hold ourselves to a high standard of customer service and are committed to providing you the greatest value at the lowest cost. Our dedication to customizable and cost effective solutions delivers value to each client’s process.
Delivery
We evaluate your processes and implement the most effective solution. Though we always meet your needs the first time, our team will continue to review current processes and attempt to provide valuable improvements.
Culture
Our commitment to fostering and growing a strong service culture is key. The technology, people, and compelling service model we offer makes us willing and able to consistently execute continuous improvements.
Our awesome features
Item Catalog
Using an item catalog allows you to specify items, vendors, and quantity to help reduce errors and maverick spending. It also helps to incorporate and enforce purchasing agreements with key vendors and lays the foundation for improved inventory management and tracking.
Digital Shopping Cart
Shopping cart functionality allows employees to shop through an online portal from approved vendors including hosted catalogs and punch-outs. This seamless experience allows employees to shop like normal without the hassle of manually requesting POs while maintaining oversight and control of purchasing.
Insight from Anywhere
You can access the platform to review, report, and approve from any device including tablets and smartphones. Data is updated in real time, so you have more accurate and reliable insight into your purchasing anytime, anywhere. Configurable email notifications give you passive insight and updates, so you can focus on other tasks.
Process Automation
Configurable purchasing software combines automated routing, approvals, and emails to vendors, speeding up the procurement process. You can set tolerances to increase or decrease an order creating flexibility and further automation efficiency. Key policy and pricing agreements are enforced automatically.
Purchase Order Tracking
Gain detailed insight using standard and custom reporting. You can receive email notifications for approvals, receipts, and other purchase order changes. Reports allow you to review detailed history, records, and track budgets, receipts, invoices, and more.
Flexible Configuration
Highly configurable software allows you to customize your procurement solution at a lower investment than a solution developed in-house. Highlight relevant information, create variable approval structures based on different PO types or items, and meet any organizational purchasing needs.
Frequently asked questions
How does digital procurement reduce costs?
There are several areas that you may see a reduction in cost. First, a digital procurement solution will cut or eliminate maverick spending. This ensures no one is paying more than necessary. Allowing bidding for larger orders will increase the competition for your order which will reduce prices. Hardware consistency will reduce IT and training costs. Finally, you’ll be able to centralize your orders across multiple departments which reduces labor costs associated with procurement and gives you leverage to negotiate better prices for bulk orders.
What impact will digital procurement have on my organization?
Procurement software is a tool. We have put countless hours into making the tool as easy to use as possible, but your organization’s commitment to using it will be the biggest success factor. Features such as our digital shopping cart help to encourage maximum utilization. Organizations that fully integrate procurement solutions often see a 25% decrease in purchasing cost, greater than 70% procurement centralization, over 40% decrease in errors, and over 40% decrease in maverick spending.
How are user licenses and permissions managed?
We do not require individual licenses; larger teams will save money and enjoy the benefits of more flexible access to our platform. Furthermore, our platform allows you to specify permissions for limited access, approvals, viewing/editing, reporting, and more. You have total control regarding who has access and who does not.
Does your software work with my ERP?
Yes. We connect with multiple ERP applications that include SAP, Oracle, MS Dynamics (GP, AX, NAV), Eatec, QuickBooks, Sage timberline, and many more. After initial integration, IT team support is not needed.
Operate more efficiently with an intuitive and powerful procurement solution.
The results speak for themselves; Digital Procurement reduces cost, increases employee satisfaction, reduces maverick spending, and provides detailed oversight. Schedule a consultation to learn how Digital Procurement fits your needs.