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Online Ordering
trade simple requires that the supplier provides an electronic product and price list which allows you to control what is purchased at all times. This leads to a range of business benefits meaning you save money while increasing transparency across your business estate .
Provides...
- Real-time visibility and control of spend
- Reduction in admin overhead that releases staff to front of house
- Elimination of maverick spending
- Improved gross margins
- Total purchasing compliance and guaranteed rebates
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Procurement
Powerful online tool that enables you to manage all the spend throughout your organisation.
Provides...
- Control of all purchases including services, utilities and non-catalogue items
- Reduction in cost of buying
- Rationalisation of supplier base
- Elimination of wrong deliveries
- Improvement in accuracy of invoices
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Promotions and brand management
Enforces and underpins all supplier promotions and special offers to ensure that all units gain full advantage whilst allowing head office to maintain control.
Provides...
- Enforced, centrally negotiated promotions
- Access to cost-effective supplier offers
- Unit flexibility within corporate parameters
- Ability to manage products, recipes and selling prices on a brand-by-brand basis
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Invoice management
Reduces the error and cost of invoice processing through the automated checking and matching of inbound invoices against electronic purchase orders and goods received notes.
Provides...
- Reduction of overhead in accounts payable
- 100% line checking against contract price to eliminate erroneous pricing
- Accurate visibility of invoice commitment
- Automated credit note management to further reduce costs
- Automated integration with accounts package to eliminate re-keying and errors
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Vendor and catalogue management
Online catalogue enables all purchases to be made against agreed prices and manages the range of products any individual can purchase.
Provides...
- Improved purchasing compliance and guaranteed rebates
- Easier vendor performance monitoring through reporting
- Control of pricing by exception
- Automatic loading of products and prices, reducing manual input to a minimum
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Supplier network
Enables hospitality buyers and suppliers to exchange electronic documentation through a shared trading platform.
Provides...
- Automated supply chain that reduces cost for everyone
- Electronic ordering that reduces cost of sale for the supplier
- Support for all suppliers regardless of size
- Vendor Management Reporting that keeps you in control
- Invoice Management that ensures suppliers are guaranteed to be paid to terms
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Budgets and flexible workflow
A comprehensive and easy to use authorisation process, giving instant access to up to the minute spend Vs budget information.
Provides...
- Greater control through online real time spend Vs budget
- Elimination of unreliable labour intensive paper-based processes
- Flexiblity and easy tailoring to support individual company requirements
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Comprehensive management reporting
Both standard and tailored reporting is available to meet all needs.
Provides...
- Real time visiblity of all spend commitments, accruals and actual, meaning there are no holes in your accounting
- Greater management control of spend Vs budget
- Vendor performance reporting enabling you to monitor whether your vendors are delivering against promise
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