EProcurement systems have been around for nearly two decades. However, most eProcurement initiatives never deliver on their promise or fail for one of three reasons:
- The software priced out all but the largest companies.
- The software was too hard to implement.
- The software was too difficult to use, so adoption in the user community never reached the critical mass that the procurement and finance organizations needed to increase spend under management to desired levels.
CCP Global recognizes these challenges, and has teamed with some innovative Partners to collectively redefine eProcurement solutions and to remove the risk of eProcurement initiatives. As a key sub-component of our Spend Management solution for our clients, we have embraced a fully-functional eProcurement (procure-to-pay) platform that is delivered in the cloud under a SaaS model, enabling a significantly reduced “total cost of ownership” and other advantages, including rapid pace of innovation.
The eProcurement solution combines the best eProcurement and expense management technologies into a single platform and solution that is easy to use, fast to configure and deploy, and very cost-effective. The platform features a single user interface, a single workflow model for approving purchases and reimbursable expenses, instant visibility to organizational spending as it occurs, a consistent chart of accounts, and one set of budget entries against which to credit purchases and expenses.
Enterprise integration of eProcurement systems is always a concern and is an obvious potential trouble spot for a successful implementation. CCP Global and its Partners utilize flexible API’s and best-of-breed integration tools that make it easy to connect your eProcurement platform with your ERP or accounting system.
The eProcurement platform will provide your organization with the tools and insights you need to spend smarter and save more. Combat overspending with real-time alerts. Outperform the market with spend performance benchmarks. Take advantage of the best deals and lowest prices available online, regardless of the supplier, and manage all spend through a central procurement platform.