The digital transformation of shopping is here! With the new concept of Catalog Procurement, we have come up with a revolutionary way to simplify and streamline the purchasing process in your company.
🚀 Digital shopping transformation is here! With the new concept of Catalog Procurement, we have come up with a revolutionary way to simplify and streamline the purchasing process in your company.
Traditional purchasing department practices often burden employees with unnecessary tasks and slow down the process. But with Catalog Purchasing, we're shifting control and options directly to you, to your specialist departments.
What does this mean for buyers in practice?
🛒 Simply select the items you want from pre-approved catalogues, just as you would when shopping in an e-shop. No lengthy forms, no wasted time, no duplicates and no unnecessary paperwork.
📊 Each group of items has its own catalogue with agreed terms and prices, ensuring transparency and certainty. The buyer is in control of key activities, i.e. supplier selection, item selection, pricing, regular reports on who buys what from whom. The user then selects from the catalogue according to their needs and once approved, the order goes directly to the supplier, so they do not burden the purchase with unnecessary administration.
🔄 The approval system is set up to fit your needs and budget. Automatic approval for smaller purchases, multi-stage approval for larger investments. Independent review by purchasing or controlling through regular reports is important.
💻 Thanks to the connection with ERP, the O2P process (Order to Pay) is then completely computerized, which leads to huge process savings and speeding up the whole process. Imagine a world where you don't make unnecessary orders, invoices are matched automatically.
What are the concrete results?
💰 Cost savings of up to 10% by using negotiated catalogues and concentrating purchases on approved items. It can be considerably more if you haven't optimized this area yet.
🔧 Further savings in process costs, which can reach up to 50-80%. For one client, we found that the cost of "traditional" O2P exceeded the price of the goods ordered. So through computerization and automation they saved about 1,000 CZK in administrative costs per order, which at 8,000 orders per year ...
🚀 And not only that, this foundation for digital shopping transformation opens up space for further optimization and improvement of your shopping process. This is because buyers have time to do the really important things and are not overwhelmed by administration.
Prepare for a new era of purchasing in your business with Catalog Purchasing from Promitea. Save time, money and energy for your strategic tasks.
Effective purchasing, aligned with the company's key needs, contributes to long-term goals such as profitability, competitive advantage and growth in company value.
In this article we take a detailed look at the issue of home-grown software add-ons, which are found in many companies and which, despite all efforts, usually represent a major obstacle to effective and professional purchasing.
I confess that when I became a purchasing director with the authority and responsibility to develop my department, my primary focus was on developing purchasing skills, collaboration with other departments, centralization, purchasing controlling and implementing at least minimal supplier relationship management.
Qualified suppliers who know our business perfectly, have the necessary technology, innovate and continuously improve are a source of competitive advantage for every company. It is therefore no surprise that buyers guard their know-how in supplier management like an eye in the head.
Return on investment within the first year of project implementation.*
*The ROI estimate is based on real data gathered from our clients and their successfully completed projects.
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