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eProcurement in the Cloud

User focused purchasing automation

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Procurement Visibility and Control

Gain visibility and control of your unpredictable, low order value expenditure globally and in real time.

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Digital Marketplace

Claritum services can now be sourced through the Digital Marketplace G-Cloud 10 procurement framework.
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Tail Spend White Paper

An introduction to Tail Spend and Why You Need a Cloud Based Solution

GDPR

The new EU General Data Protection Regulation (GDPR) came into force on 25 May 2018, find out what Claritum has done on GDPR.

eProcurement in the Cloud:

 

  • Standardize and automate routine purchasing tasks to achieve significantly higher ROI

  • Streamline the procurement process and establish more effective finance processes, yet remain agile

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The average procurement professional spends 58% of their time on non-strategic work, according to Spend Matters. Let Claritum free up this resource from basic administration.

Automate source-to-settle processes

Streamline ordering, approvals, deliveries and billing, all in one platform. Easy integration to current financial and procurement platforms and supply-side warehouse, fulfilment, production and logistics through our comprehensive web services API.

Develop your own Intuitive catalogs

Centrally control local buying with easy to use, highly configurable catalogues. Enable employees to buy from multiple suppliers. Capture orders and aggregate demand.

Expert Service Desk

Release your expert buyers from administration to efficiently collaborate with customers and suppliers. Provide advice, assistance or a fully managed service within your organisation or to external customers for your Indirect Spend.

Custom & Catalog Pricing

Manage custom bids. Pre-negotiate rate cards for standardised products and services. Contract with preferred suppliers, monitor performance in real time and ensure compliance.

Real Time Granular Data Reporting

Real time access to dashboards and granular line item visibility of every transaction locally, nationally and globally. Management reporting, performance dashboards and analytics accessible to departmental managers, suppliers and to service providers.

Local, National and Global Deployments

Whatever size of organisation or procurement service provider you are, you can manage your customers and suppliers locally, nationally and globally. Localized languages, currencies, time zones and formatting are supported for cross border trading.

“The measure of success is not whether you have a tough problem to deal with, but whether it’s the same problem you had last year.” – John Foster Dulles

Every year, companies make many manual purchases in their Indirect Spend category that are too small to be handled by procurement or too infrequent to be included in a single vendor catalog. The overhead associated with these purchases within procurement, finance and also within departments making these purchases, is substantive. Plus, there is a missed opportunity for significant, measurable and sustainable cost savings.

Claritum’s eProcurrement in the Cloud platform provides centralized visibility, control and compliance over frequent low value or single one off purchases. Resulting in real time visibility and compliance of every transaction, locally, nationally and globally of these products and services, often referred to as ‘Tail Spend Management‘. Claritum’s spend management platform transforms the process for sourcing, procurement and invoicing for Indirect Spend products and services. Delivering on significant, measurable and sustainable cost savings on what typically accounts for 20% of an organisations spend.

Indirect spend categories are often characterized by either frequent, low value orders, or larger infrequent or one off purchases. Often placed by inexperienced employees under time deadlines. Employees often find enterprise ERP/Procurement too cumbersome and slow to manage tail spend purchasing. Products and services such as marketing print, packaging, uniforms and apparel, gifts and premiums, facilities, temporary labor and many others represent over $2trillion of expenditure globally and yet 80% of businesses source these categories manually (online search, phone and email) resulting in errors, inefficiencies and lost savings opportunities of between 15% and 30%. It is these manual processes that prevent most organizations from gaining the visibility and control they need to effectively manage their expenditure.

Claritum enables employees, procurement experts and suppliers to collaborate efficiently. Users can specify accurately, request and evaluate bids from suppliers, streamline purchasing, get approvals, receipt goods and process invoices with minimal manual intervention. Claritum integrates easily with buy-side ERP and financial platforms and supply side estimating, production, warehouse and fulfilment systems to automate the entire source to settle process. Claritum is trusted by global enterprises, regional businesses and procurement service providers to deliver significant, measurable and sustainable cost savings and process efficiencies.

Procurement as a strategic advisory resource

Procurement needs to transform and continue to transform to align to the business. Procurement has to move away from a transaction based function and become an advisory resource. A 3-dimensional purchasing organisation is needed to achieve this

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Why is Not for Profit Procurement so Different

This article looks at some of the key differences between For Profit (FP) and Not for Profit organisations (NfP). Looking at the fundamental differences between the organisations in context of those things that could influence supplier…

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7 ways to transform eProcurement adoption

Effective eProcurement can shift transaction processing to the end users who actually use the purchased goods or services, freeing up supply management personnel for strategic value-creation work and ensuring users see purchasing efficiency…

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A List of Must Read Procurement White Papers

  We've compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of...

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5 signs you have a tail spend problem

  Do you have a tail spend problem? Here is our list of 5 signs that show you could have a tail spend problem. 1Your finance team come up with different numbers to your procurement team Many organisations rely on poor quality information such as simple summaries of...

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5 Steps to Procurement Maturity

What stage is your business at? Businesses experience common problems which occur at similar stages in their development on the road to maturity. Identifying where your business is in it’s development can help you to assess your current challenges, such as where you need to invest time and energy and where you need to make strategic changes.

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$ Sourced

Live bids

Suppliers

Buyers

Claritum’s Procurement Platform

is trusted by over 150,000 users in 35 countries to deliver significant, sustainable and measurable savings

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Secure Access from Anywhere, Anytime

Claritum’s global enterprise cloud platform provides a secure, reliable and scalable environment for you to collaborate with your customers and suppliers.

Free Updates and Support

Ongoing free updates and 24 x 7 x 365 access to best in class support to help you maximise your return on investment.

Free Training and User Education

Intuitive user experience combined with super user training and access to online self-paced learning, knowledge base and user community support.

Quick Start

Deploy to your team, onboard customers and suppliers and start trading in just a few hours. Grow adoption in days, see benefits in weeks.

Predictable Costs Aligned to Your Needs

Chose the plan that works for you: unlimited usage or unlimited users. Low upfront costs and predictable monthly fees aligned to your success.

Tailored to Your Requirements

For enterprise clients Claritum can be configured or customized to your needs. Our Client Success Team can assist in getting you up and running quickly and efficiently.

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Considerations when choosing a print procurement system

Of the £94.5 bn spent annually on print in Europe it is estimated that between 25% and 30% of this is wasted through manual ordering process, poor procurement practices and process inefficiencies. This waste can be eliminated by adopting a Print Procurement System. This white paper provides recommendations to aid in the analysis and selection of a print management solution.

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