Modern ERP Class Procurement Systems
ERP systems are among the most important tools in medium and large enterprises, enabling effective management of financial, production, logistics, procurement, and human capital management processes within the organization. The ERP systems market in Poland is growing, with more and more companies reaching for them, seeing in them a tool that can bring tangible benefits, such as:
Reduction in Operating Costs
Conducting business in accordance with the requirements of Polish law
Collecting information in a single, structured database
Over the past several decades, ERP systems have evolved from simple financial and accounting systems and Manufacturing Resource Planning (MRP II) into comprehensive solutions covering increasingly extensive areas of enterprise activity.
Today, let’s take a closer look at solutions in the procurement area. An ERP system is no longer just about handling purchase requisitions and orders, which were manually recorded or automatically created by planning tools.
Currently, an ERP system supporting procurement processes is a wide range of products that handle the entire Procure To Pay process, from the initial requisition to payment for delivered products and services, including supplier management, tender procedures, and contract management. The execution of procurement processes is further streamlined by allowing suppliers to enter data directly into the system, eliminating the need for manual document registration by purchasers.
Sygnity Business Solution S.A. has over 20 years of experience in implementing ERP systems, documented by numerous references and certifications. We offer, among others, solutions from Oracle, which support processes carried out in enterprises, including the aforementioned procurement processes. The solution is available in two models:
Source: Oracle Corp.
In both solutions, it is possible to carry out processes supported by procurement departments in the areas of:
⇒ Submission of purchase requisitions through a convenient online store interface or directly through the supplier’s store (Punchout). Automated construction of the document approval path (Workflow) and automatic bookkeeping entry of the document based on multiple rules and document attributes.
⇒ Supplier management in terms of qualification for cooperation and conducting periodic evaluations.
⇒ Support for the process of conducting various types of tenders (RFI, RFP, online auctions), building tender teams, system-based recommendation of the winning offer based on calculations of the result using attributes/weights and price.
⇒ Management of contracts with suppliers, including the preparation of contract content.
⇒ Dedicated access to the system by authorized suppliers – Supplier Portal, facilitating communication with suppliers during the execution of procurement processes.
We invite you to contact us to learn more about our offer.