Stick to your budget with FinessArt Supplier Connect
Free-up the working capital, minimize needless expenses and maximize productivity
8080%
Inventory savings
80
cdyfty
8080%
Improved SLA's
Any alternatives to the expensive labor-intensive supplier sourcing?
- eProcurement solutions serve as the platform to implement any cost-saving process as it automates the interactions between supply-chain business entities
- High degree of automation and accuracy through Supplier Connect eProcurement platform digitizes the RFQ to inventory processing and invoice approval to payment
How can I stick to the allocated budget ?
- Hunting for the cheapest suppliers is made easier by conducting competitive online supplier auction events
- Generation of smart comparative statements which ranks suppliers closest to your budget
- Avoid surprise bills through late, partial and unknown shipments
How to minimize risk and expenses ?
- Keep track of the audit trails with the suppliers to be aware of the price trends
- Take advantage of dynamic discounting
- Manage risk by analyzing supplier’s financial health and performance through Supplier Connect score card
- Strategic supplier relationship management with FinessArt can build positive professional relationship creating an opportunity for mutual benefit
