Connect your enterprise to the Quadrem Supplier Network and automate procurement transactions with all your suppliers, many of whom may already be members of the Quadrem community. Streamline processes for procurement of stocked materials, bulk materials, catalog items, consignment or vendor-held stock and services.
Quadrem procurement solutions increase spend visibility across your enterprise — regardless of the number of disparate back-end systems or the limitations around remote-site locations. And you can bring your existing trading partners on board quickly by leveraging Quadrem’s experience in recruitment and implementation.
- Establish standardised procure-to-pay processes for your inbound supply chain activities.
- Lower costs by increasing efficiencies and reducing data errors.
- Increase visibility into spend across the enterprise.
- Reduce inventory investment by shortening the procurement cycle.
- Rapidly connect suppliers across many languages and locations.
Procure-to-Pay Solution Product Brief
How can Quadrem procure-to-pay help?
Answer:
Quadrem reduces your operations costs by increasing the accuracy and efficiency of your procurement organisation.
You use one solution to connect with all your suppliers, standardise your transactions and streamline your processes. You gain spend visibility to improve strategic sourcing and contract compliance. And you leverage your existing purchasing and ERP systems while using Quadrem solutions to automate the entire purchase-to-pay process.
Can Quadrem help recruit and connect my suppliers?
Answer:
Are you ready to recruit, train and support your suppliers as they make the move to transacting online? We are.
Quadrem’s global offices have recruited thousands of suppliers in metropolitan, rural and developing world environments. Within days, Quadrem can have you transacting with your key suppliers. Many may already be members of the supplier network. You connect once to Quadrem’s established community, which includes suppliers of direct and indirect materials and services, and your e-procurement initiative gains a head start.
Quadrem has a proven process for bringing suppliers aboard quickly. We work with you to identify and prioritise supplier onboarding efforts to ensure you achieve the maximum benefits of e-procurement.
Quadrem provides global support 24x7x365. We can train and support your suppliers in their native languages. And we can provide the valuable technology, process and change management expertise required to make e-business successful — for them and you.
Do I have visibility into past and ongoing spend behaviour?
Answer:
Quadrem Spend Intelligence – Next Generation Spend Analysis
Quadrem Spend Intelligence™ (QSI) powers your spend visibility without draining your resources. It sits right on the desktop and fuels improvements in:
- Contract compliance
- Savings opportunities
- Sourcing programs
QSI eliminates the inflexibility of data warehouses. No more frustrating Read Only files or rigid rules to work around. With QSI it’s your data. You create and modify views into your data yourself – in a fraction of the time.
Implemented as a self-contained desktop or a multi-user shared solution, you can work quickly and independently, or with a few close collaborators. Drill down and filter millions of records in the same time it takes for 10,000 items in MS Excel.
And QSI automatically reconciles multi-path changes to hierarchies and rules with a few mouse-clicks. The process takes minutes instead of days or weeks.
It’s the most flexible, empowering and easy-to-use spend analysis tool you’ll ever use.
Why should I consider Quadrem, if I already manage my procurement online via a private emarketplace?
Answer:
If you have established a private emarketplace, Quadrem can assist with many challenging areas.
Global eProcurement — With operations teams around the world, Quadrem has built a reputation second to none when it comes to global eBusiness implementation of content, connectivity, community development and ongoing community support. Our international supplier community of thousands also means that many of your business partners may already be connected and transacting via the eMarketplace across several countries and developing world implementations.
Electronic catalogue content — As one of the first eMarketplaces, we have extensive experience in catalogue creation and content management. Quadrem catalogues include more than 8 million SKUs in multiple translations. We maintain leadership positions in organizations such as ECCMA. You can leverage our expertise as you work with suppliers to create and maintain supplier catalogues according to your specific goals and requirements. We can increase the effectiveness of your e-procurement initiatives and reduce the complexity of standards compliance and effective catalogue management.
Supplier recruitment, training and support — Quadrem’s global offices have recruited thousands of suppliers in metropolitan and rural, developing world environments. We have a proven methodology for bringing suppliers aboard quickly. Quadrem provides global support 24x7x365. We can train and support your suppliers in their native languages. And we can provide the valuable technology, process and change management expertise required to make e-business successful — for them and you.
How can Quadrem help me improve plant and equipment availability while better controlling my MRO inventory costs?
Answer:
Organizations that carry large amounts of inventory and manage Enterprise Resource Planning (ERP) systems inevitably are affected at some point in time by either too much or too little stock. Either way the business impact affects revenue. Too much inventory simply means less cash flow and dead investments, while too little inventory means that the risk of plant down time due to stock outs could lead to the loss of production and revenue.
ERP and EAM (Enterprise Asset Management) systems do not calculate Order Points or Order Quantities for Maintenance, Repair and Operations (MRO) items correctly. These data points are almost always calculated once in the life time of the material and this done through manual internal processes which result in poor investment decisions and unrealistic KPIs.
Quadrem’s xIO™ Inventory Optimization service ensures that not only will the risk areas of under investment be exposed but also where too much inventory on hand is exposed. In most cases the Return on Investment (ROI) has been less than 6 months, and the services have been paid for out of the cost savings