Digitization of procurement for medium-sized enterprises: it has never been easier and cheaper – and yet …
From my experience, the key in medium-sized companies, between 100 million and 1 billion CZK, is to break the vicious circle of activities that bring immediate and visible benefit.
📘 From my experience, the key in medium-sized companies, between 100 million and 1 billion CZK, is to break the vicious circle of activities that bring immediate and visible benefit.
When introducing an electronic request-for-quotation process – by this I mean moving away from Excel and email – it is mainly about taking the first step and the pressure from management until the whole process becomes routine. Our experience shows a return on investment within weeks, often after just the first few tenders.
In supplier management, it is primarily about the decision of how much value order in procurement has – contracts in one place, clear reports with a single click, supplier evaluations that can actually be acted upon.
Our customers agree that “the biggest advantage of SRM is that you don’t have to think about it and keep it in twenty places and in emails.”
It doesn’t matter whether you choose Promitea or one of the competitors, the important thing is to make use of the benefits that procurement digitalization brings to medium-sized companies at minimal cost. Above all, please don’t wait – just get started!
5 basic functions of the SRM module - Supplier relationship management
Why is saving money no longer enough? Most of us who started out in purchasing in the last century remember the heroic tales of brilliant managers who managed to reduce costs by tens of percent through a combination of market power, toughness, and cunning. In this golden age of cost killers, purchasing was judged almost exclusively by parameters such as hard savings, acceleration of the purchasing process, reduction of administrative costs, and reducing the number of buyers. Unfortunately, hard savings cannot be made indefinitely.
Digital procurement is changing – flexibility, the cloud, and mobility are now key.
When people talk about the impact of AI, most companies think of sales, marketing, or internal business processes.
How many times have you looked for a quote that “must be somewhere,” or lost track of who’s supposed to approve the tender?
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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