Basware's e-Procurement platform digitizes and automates the entire procurement lifecycle, from requisition to purchase order. By integrating with existing enterprise resource planning (ERP) systems, it provides real-time visibility into spending, enabling organizations to make informed strategic decisions. The platform supports various procurement models, including catalog-based purchasing and purchase order management, ensuring flexibility to meet diverse business needs. Key features include supplier management, contract compliance, and spend analytics, all designed to drive operational efficiency and cost savings. Additionally, the solution enhances supplier collaboration, leading to better pricing and improved supplier performance.

Features:

• Supplier Management: Streamlines the onboarding and management of suppliers, ensuring accurate and up-to-date information.
• Contract Compliance: Ensures adherence to negotiated contracts, reducing maverick spending and enhancing compliance.
• Spend Analytics: Provides insights into spending patterns, helping organizations identify savings opportunities and optimize procurement strategies.
• Purchase Order Management: Automates the creation, approval, and tracking of purchase orders, improving efficiency and reducing errors.
• Catalog Management: Enables the creation and management of product catalogs, facilitating easy and accurate ordering.