Automate your Procurement Process using SunSmart’s Procurement Management software

The goal of nTirePMS makes the life easier.  The Procurement Process includes Procurement Orders, supplier details, budget management, and actual purchase process.  Manage many steps as possible in a single centralized Procurement Platform.  There are a huge number of tools in the market.  Going to suggest some great tools, will start up with one of them and ends somewhere else.  Here is the must have tools for best Procurement solution are:

Automation:

Includes a workflow to handle PO’s, receive approvals from managers and executives, and simple tracking solution that avoids the work of data entry.  Best Procurement platform removes the worst part from Procurement Management.

Budget:

The most essential part of Procurement management is reporting.  Need to know how much spending on suppliers and customize costs. 

·         Real-time oversight

·         Team and Project budgets

·         Comparisons with previous periods

You can have these things without manipulating the data.  It should be easy and readily available in the market whenever you require.

Approval Tracking:

When the purchase budget is going out of the door, where someone needs to be responsible.  Managerial approval will be available in the email chain, that needs to be verified for every time a purchase has been made.  Procurement tools has some rules regarding who spends on what resources.  When the average employee has raised PO, there manager should be verified and requires approval before processing, all these process is recorded in the nTirePMS.

Easy collaboration:

Purchasing Is not a complicated process.  Whereas the good supplier knows what you want and makes the transaction quite straightforward.  Colleagues doesn’t have the same type of experience, so that need to read the product manual or go through the On boarding process to make a few payments. 

Require a platform to manage purchase, in-line with policy and doesn’t overcomplicate things.

Integrations:

Procurement tool connects with the third party tools such as finance, accounting system etc., 

Accessibility:

Most of the business fail in their attempts to automate process, where the products are not user-friendly.  Procurement solution needs to be accessible, easy to learn and easy to use.        

Provides you some necessary and procurement tool suggestions.  The important thing need to realize that how much time and effort is wasted on the existing manual process and advantages of the useful tools available in nTirePMS.  Whether you are an ecommerce business with huge stock turnover, a tech company handles multiple invoices from various suppliers.  Strategic process that helps to grow your business and offers advantage with your competition by reducing spend and increase operational efficiency.  nTirePMS helps to reduce costs by providing a clear view of supplier relationship that you can leverage.  Gains more transparency in your procurement process, increase efficiency, improves communication and reduces error.