Sourcing & Purchase Requisitioning
Using P2P, it is very easy to assign and manage multiple suppliers for a product while maintaining dedicated supplier catalogs. Utilizing an automated procure-to-pay process flow, P2P increases efficiency in ordering raw materials, finished goods, consumables, supplies, and service goods from one or multiple sources. Advanced search capabilities provide a preview of all available sourcing options. Buyers can compare and evaluate multiple sourcing options based on variables such as product attributes, price, minimum order qty, lead time, etc. An intuitive and simple user experience ensures that applicable pricing, terms, and agreements are automatically applied. Also, the quote-to-order conversion workflow is fully automated from quote approval to PO approval avoiding unwanted manual intervention.