Central Purchasing

Central Purchasing provides centralized access and visibility to processes across industries with a deep integration into the system landscape. It is connected to the customer’s ERP systems and exchanges purchasing documents (such as purchase requisitions and purchase orders) in the connected systems. It also offers central approval process, central portal, central output management, analytics, and responsibility management of product categories.

This scope item offers one platform where a procurement specialist can work centrally on purchase requisitions and purchase orders from different backend systems. Operational procurement processes are not the only tasks to profit from the hub approach. Strategic procurement tasks (such as Supplier Management) benefit from the transparency and the ability to initiate strategic activities from a central digital procurement control center.

Key Process Steps Covered

  • Maintain purchase requisitions centrally
  • Maintain and approve purchase orders centrally
  • Update edited purchase orders and purchase requisitions to the relevant backend systems
  • Use central purchasing analytics
  • Detect critical purchase order item overdue situation
  • React to critical purchase order item overdue situation
  • Automate purchase requisitions
  • Integrate with central purchase contracts (optional)

Benefits

  • Harmonize business processes
  • Get full transparency over all activities across all backend systems
  • Provide single data access for purchasers and ability to process procurement activities centrally when in a multi-system environment (for example, editing of purchase requisitions and purchase orders, approval of purchase orders)
  • Reduce TCO significantly for procurement departments through centralized process