The Procurement module is much more than a purchase orders system. It is a 100% Web-based purchasing control system — and integrates seamlessly with ProcureIT’s inventory and assets systems. From requisition to reconciliation, the Procurement module is built around purchasing best practices and automatically enforces organizational policies for spending limits and approvals. It reigns in “maverick spending” and provides valuable information to negotiate more favorable contracts and monitor vendor performance. With ProcureIT, there’s no more manual, paper-based routing of requisitions, purchase orders, and packing slips because all transactions occur within the Web-based system, which captures a complete audit trail of activity.
Ariba Spend Management enables retailers to automate and expedite all their sourcing and procurement activities and negotiate better contracts on both non-resale goods and services - such as store repair and maintenance, point-of-sale systems, and office supplies - and goods for resale, such as private label and commodity items. Integration of sourcing, contract management, and purchasing procedures into one system helps streamline the entire purchasing process -making it easy for retailers to source more categories and capital items, broaden their supply base, and receive competitively priced quotes.
