What is indirect procurement?
Indirect Procurement is the purchasing of materials, goods and services a company needs to operate and keep going. Indirect costs include marketing, printing costs, IT, HR and office supplies.
Why manage indirect procurement?
Indirect procurement may account for up to 70% of a company’s total spend. Managing indirect spend effectively is a savings opportunity for most companies.
The challenges of managing indirect spend
Indirect spend is often decentralized and is usually sourced through internal stakeholders as purchasing may require specialist knowledge. This can make it difficult to aggregate spend and make managing suppliers effectively more challenging. This often leads to over paying for goods and services.
How can Claritum help?
Claritum’s software helps companies manage their indirect spend through automating the procurement process. It streamlines the buying and selling of indirect products and services. Buyers, suppliers and experts collaborate in the cloud to improve spend visibility and control, achieve cost savings and efficiencies and to reduce risk and waste.
Claritum allows internal buyers to onboard their suppliers and manage the procurement process with autonomy but with centralized controls in place. This helps to eliminate maverick buying and ensure the cost benefits of volume buying can be realized.
Control every penny of your spend and get centralized control through our integrated online sourcing, procurement and invoicing platform.
Get Buy In from Internal Stakeholders
Claritum’s platform is easy to use. The intuitive process increases rapid adoption by users and internal stakeholders who can quickly see the benefits of being able to process orders quickly and easily.
Eliminate Maverick Spend
Gain visibility of all your spend by eliminating maverick spend.
Save Time and Improve Efficiency
Claritum automates the indirect procurement process. This improves efficiency and frees your staff to focus on other important tasks.
Real-time data to track your KPIs
Claritum is cloud based allowing global access to granular line item reports in real time. Analyse spend by suppliers or buyers and generate and share management reports through custom dashboards.
Indirect Procurement Product Tour
Take a quick tour of Claritum's indirect procurement software
Sourcing tools to help you manage volume based deals.
Standardize pricing from approved suppliers for commonly ordered products and services.
Manage your suppliers with ease. Set up supplier profiles and monitor their performance.
Set up catalogs with an easy to use store front to capture orders and centrally control buying.
Claritum Invoicing can help you keep in control of your cash-flow.
Claritum reports allow you to access data about every transaction, globally and in real time.
Integrate with your existing systems for a smooth integrated workflow
Claritum delivers significant savings and efficiencies to over 150,000 users in 35 countries
seconds per PO
Wow! Claritum has helped us save 30%.
The Claritum system has been superb!