Simplicity is beauty in the crazy world of procurement automation
Claritum’s Source to Pay solution enables employees, procurement experts and suppliers to collaborate efficiently to maximise on savings opportunities
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Unlocking productivity – automating and digitising workflows for category and project purchases
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Delivering great experiences – focusing on what users encounter or experience over the course of their interaction with the Claritum solution
You’re the Procurement expert and managing technology shouldn’t get in the way. Let Claritum’s solution take care of the buying, so you can worry less and engage more with your suppliers.
Claritum’s cloud based software simplifies your procurement process through effective automation and organisation around categories or projects. Enabling more efficient order capture, aggregation of demand, spend management and central supplier control. Using an intuitive user portal, employees can make purchases from catalogues, raise RFXs and progress orders. Reporting and analytics complete the solution: helping you to uncover opportunities, providing better insights and improving financial performance.
Latest Blog Article:
Category-based Procurement
This is the third article exploring the nature of category-based procurement. The first two articles covered Bespoke and Project-based procurement. Focusing by category allows optimisation of the supply chain for that specific category. Leveraging the knowledge and expertise of category specialists to develop a specific strategic approach to each category.
Claritum Business Continuity:
Opportunity cost of Transactional activity in Procurement
If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? Perhaps, opportunities to drive profitability within your organisation; develop environmental or ethical initiatives; or engage with suppliers to develop stronger business relationships?
“Automation helps procurement organisations improve productivity in the short term, accelerating their transformation toward an optimised technology environment, which represents an opportunity to improve productivity by as much as 55%” The Hackett Group May 2019
Streamline
Your sourcing events, procurement process and catalogues streamlined
with Claritum’s eProcurement in the Cloud Source to Pay solution
To achieve significant and sustainable savings and efficiencies
Enable employees, procurement experts and suppliers
to collaborate efficiently to maximise on savings opportunities
Benefits that you will realise with Claritum:
- More accurate forecasting and decision making
- Improved supplier engagement
- Manage your Carbon footprint: Engage with your suppliers and track their carbon footprint
- Higher productivity
- Significant reduction in transactional tasks
- Better resource utilisation
- Faster response times to organisation requests and resulting customer satisfaction
- Better opportunity and anomaly detection
$ Sourced
Live bids
Suppliers
Buyers
Claritum’s Procurement Platform
is trusted by over 150,000 users in over 70 countries to deliver Significant, Sustainable and Measurable Savings
and delivers on Faster Processing of P2P transactions, end User Confidence to use, Process Efficiencies, Increased Coverage of spend and Fewer Variations
Some recent feedback from customers includes:
“Claritum is easy to use which is what I like about it.”
“The Claritum system has made it a lot easier on my team with getting materials ordered. The simplicity of the site is very good”
“Easy to use and find various items”
“To be honest, I like it. Find it easy enough.”
“I would say that the system is simple and easy to use”
Download our White Paper on the key things that need to be in place for Procurement to be able to maximise on the financial performance of their organisation. This White Paper focuses on 5 Steps that are essential for Procurement to get in good shape for impacting on financial results.
Claritum’s Solution:
The solution is designed with menus and workflows that enable a staggered or partial roll out of functionality and process improvements.
The system can be personalised and capabilities included or excluded for specific users and locations.
Combine your tenders, requests and catalogues in an integrated buying portal for your users or customers
Manage Multi-Buyer Sourcing Events on Claritum
Get centralized real time visibility, control and compliance over all your purchases, with Claritum’s eProcurement in the Cloud platform.
You can deliver on significant, measurable and sustainable cost savings on your Indirect Spend.Transform your organisations processes for sourcing, procurement and invoicing for all your Indirect purchased products and services.
Automate source-to-settle processes
Your ordering, approvals, deliveries and billing can be streamlined all in one platform. Integration to your current financial and procurement platforms is supported across a wide range of systems. Plus, there is integration APIs for supply-side warehouse, fulfilment, production and logistics systems.
Develop your own Intuitive catalogs
Tailor to your users and brand their portals, so they only see what you want them to see (menus and purchasable items). Centrally control local buying with easy to use, highly configurable catalogues and bid requests. Enabling your employees to buy from multiple approved suppliers. Plus, you can 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 or external to your organisation..
Custom & Catalog Pricing
Manage your custom bids. Pre-negotiate rate cards for standardised products and services. Contract with preferred suppliers, monitor supplier performance and ensure compliance.
Granular Data Reporting
You have access to dashboards and granular line item visibility of every transaction locally, nationally and globally. Management reporting, performance dashboards and analytics are accessible to your departmental managers, suppliers and to any service providers.
Local, National and Global Deployments
Whatever size your organisation is, you can manage your users/customers and suppliers locally, nationally and globally. Localized languages, currencies, time zones and formatting are supported for your cross border trading.
Secure Access from Anywhere, Anytime
Reliable, secure and scalable environment for you to collaborate with your customers and suppliers.
Updates and Support
Ongoing updates managed in the Cloud and access to best in class support
Training and User Education
An Intuitive user experience combined with an online help and knowledge base helps users to adopt the solution and Claritum provides Super User training to support your implementation.
Quick Start
Grow adoption in days, see financial benefits in weeks. Rapidly deploy to your team, onboard customers and suppliers and start trading.
Predictable Costs Aligned to Your Needs
Low upfront costs and predictable monthly fees aligned to your success. Chose the plan that works for you.
Tailored to Your Requirements
The solution can be configured or customized to your needs. Our Client Success Team can assist in getting you up and running quickly and efficiently. Plus, provide the necessary insight into configuration of the automated process.
Category-based Procurement
This is the third article exploring the nature of category-based procurement. The first two articles covered Bespoke and Project-based procurement. Focusing by category allows optimisation of the supply chain for that specific category. Leveraging the knowledge and expertise of category specialists to develop a specific strategic approach to each category.
Project Based Procurement
Project-based procurement occurs when there is a specific project activity and goal. This may be a project that repeats at regular intervals or it may be a one-off project.
The project could include volume purchases, small purchase volumes, standard items, specification of unique one-off items and tailoring of items based on individual projects. All included within any one project activity.
Struggling with bespoke purchases?
It is important for organisations to manage the process of sourcing bespoke requirements efficiently and effectively in order to minimise cost.
Technologies that Impact Procurement
There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. Rather than repeat these and try to tell you what you already know, that change is a good thing if it produces better results. This article summarises, as a table, technology areas that impact on Procurement that you might need to investigate.
Supply Chain Management – the SME perspective (article)
While SMEs tend to be flexible and innovative, they often have limited capital resources and expertise with new procurement methods and technologies. This article explores the SME perspective on supply chain management
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...