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Consider an investment in e-procurement for indirect spend as an

effective means to cut costs both in the short term (by slowing down or

redirecting spend) and in the long term (by improving compliance to

strategic sourcing agreements)

Gartner

eProcurement tools convert theoretical sourcing savings into real savings

Forrester

In a study for a specific client, Forrester surveyed 100 finance and AP

managers on their procure-to-pay performance. We found that 30% of

respondents that used eProcurement and eInvoicing achieved excellent

performance of 50,000 invoices per AP clerk per year, whereas only 15%

of all respondents were able to reach this level

Forrester

Current economic conditions are driving a marked increase in demand for

e-procurement solutions, because e-procurement solutions provide an

effective means to reduce costs.

Gartner

Is your organization using the correct procurement techniques?

Is your Procurement manager having lengthy and unending negotiations

with suppliers?

You give me better information

what we spend?

how we spend it ?

who we spend it with?

You enable me to touch more spend

- influence more of what we buy and how we buy it

You help me to drive compliance

- leverage the contracts we already have and manage the supply

base

Software will Reduce Costs, Increase Efficiencies