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eBANF - Digital requisition in purchasing management
“The profit is in the purchase” says an old merchant’s adage, but is this statement still true today? The procurement of goods and services has never been as simple and at the same time as complex as it is today. In times of global markets and an endless supply through the internet, procurement management in companies has a special role to play. Many organisations already rely on digitalisation in purchasing.
The challenge:
The procurement process of goods and services that do not concern the core business of a company is still paper-based or handled via unstructured data (e-mail, Excel files, etc.) in over 65% of companies.
Yet it is precisely these paper-based processes that create opacity. Because only the person who is in possession of a corresponding document or e-mail is able to provide information at that time.
For the person reporting the demand, the process often remains unclear after the demand request has been sent. Certainty about the status of a requisition does not exist and can only be detected by annoying (and possibly repeated) enquiries.
This is where a digital requisition (eBANF) can help.
Reduction of costs in procurement management Up to 50% of processing time can be saved Higher transparency for all involved Secure and central storage of all relevant information
Reduction of costs in procurement management Up to 50% of processing time can be saved Higher transparency for all involved Secure and central storage of all relevant information
Reduction of costs in procurement management Up to 50% of processing time can be saved Higher transparency for all involved Secure and central storage of all relevant information
Reduction of costs in procurement management Up to 50% of processing time can be saved Higher transparency for all involved Secure and central storage of all relevant information
ECM Consulting’s eBANF is the right solution for digitalisation in purchasing. The advantages at a glance:
- Fully digital sub-process of the Purchase-2-Pay chain
- Acceleration of the procurement process: Manual process routes are eliminated
- Company-wide transparency: every process participant sees the status of the digital requirement at any time
- Automated control of the workflow depending on type or value
- Central storage of all relevant documents in an automatically generated transaction file in d.3ecm
Would you like to leverage the potential in procurement management now?
We are happy to help!
