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With a vast range of possible points of spend, multinational corporations need standardized practices that optimize workflow wherever possible. Doing so by adopting a full service, integrated approach enables companies to overcome such challenges as:
- The inability to leverage spend due to disparate systems
- Inconsistent procurement processes across a scale of global operating offices
- Lack of a networked system to connect suppliers via an “e-enablement” process
With Perfect Commerce’s Procurement Manager solution, one such global company’s purchase order transactions increased six percent and revenue from those purchase orders increased 12 percent—all within three months. Utilizing the created spending hierarchy and networked system on a global scale enabled proactive supplier exchange which helped the company manage their direct spend.
Read this whitepaper and gain the know-how you need to reduce spend, increase your supplier transactions and improve global best practices.