e-procurement is now delivering on its long-standing promise of more streamlined supply chains, better relationships with the right suppliers, and significant savings on spend.
Surprisingly, one of the key sectors at the forefront of this innovation is the public sector. Results from public sector deployments have been impressive, driving significant financial savings with new, more efficient operational models.
Why is public sector leading the way? Local and central government bodies are often tasked with improving efficiency and raising service standards, furthermore, public sector bodies are more constrained by external policies and procedures covering these activities. This drives the need to show a clear, auditable record of what has been spent, by whom, and on what.
If you can’t see what your organisation is spending money on, you simply do not have effective control over your procurement processes. Better management of corporate spending has to start with visibility of the problem.
e-procurement software has been specifically developed to optimise procurement processes. An easy-to-use front-end interface coupled with advanced software functionality, which supports a high level of automation and compliance with corporate policies and contracts, ensures control and transparency from sourcing to purchasing.
Put simply, e-procurement has the ability to deliver significant cost savings. By identifying preferred suppliers that can offer the best pricing or volume discounts, it lowers the cost of goods and services.
But e-procurement can deliver far more than just lower prices. The net impact of other key deliverables - such as better productivity, faster planning, greater visibility and the elimination of unplanned, ad-hoc buying - will result in a considerably higher overall return on investment.
Claritum provide print e-procurement software to a variety of public sector organisations and are typically saving them up to 25% on their print spends.
Claritum Marketing Manager, Phil Martin, said “It’s evident there are a huge number of public sector bodies trying to achieve the savings and efficiencies. Many procurement managers recognise that print is a large category of spend but are not sure how to start the process of driving savings. We have lots of experience in this sector and as we’re vendor neutral our focus is delivering value for money for our clients.”