Procurement Software
Simplify
procure-to-pay
and control spend
at every turn
Get visibility and control over the entire procure-to-pay process for both indirect and direct spend. FinancialForce Procurement Software makes it easy to minimize costs and prevent contract leakage while enforcing spend controls. Automated workflows allow approvers to quickly approve or deny purchases.
Control spend from the start
REQUISITION: With our procurement software, get visibility of spend the instant a requisition is placed. Spend policies are automatically enforced before a purchase order is created. Keep budgets in line and margins positive.
- Create procurement hierarchies based on your business requirements
- Convert multiple requisitions into a single purchase order
- Easily create recurring POs for repeat orders
- Keep the accounting straight with PO accruals
Good-bye contract leakage
SUPPLIER AGREEMENTS: No more hunting down prices and approved suppliers, pricing and catalogs — they are all online, current and correct with procurement software from FinancialForce. Easy access to the data you need daily and what you need to minimize costs and drive hard bargains.
- Update catalogs and supplier agreements with ease
- Negotiate better pricing with visibility into purchase history
- Easily find approved vendors and accurate pricing
Simplify sourcing
SOURCING: Send requirements to multiple suppliers at once, and capture bids in a single repository to compare price, delivery, and any special conditions.
- Convert sourcing requests to a purchase order with a single click
- Track historical sourcing data (by product number, ETD, award reasoning) for supplier analysis
- Leverage pre-negotiated supplier agreements
Complete procure to pay
PURCHASE ORDER: See, manage, and analyze the procurement of goods and services across your organization. With this procurement software you create traceability and accuracy across the entire procure to pay process.
- Track metrics and procurement analytics with ease
- Use supplier agreements to automate Purchase Order creation
