Transactional Processing
Each year we process more than 2 million purchase orders. We understand the value of streamlining your entire procure-to-pay process, consolidating your purchases into a single invoice, and reducing your transactional burden.
Transactional Processing for MRO Supply Chains
Indirect materials make up about 80% of your transactions but just 5% of overall spend. Time is money. Our clients average more than 50% cost reductions from improved transactional processing. Our processing solutions enable you to reduce or eliminate P2P requirements, consolidate vendors, and lower transactions and associated costs. We offer:
- Supplier Services
- Product Pricing
- Purchase Orders
- Invoice Processing
- Supplier Payment Processing
By easing your transactional burden, we streamline the entire process from sourcing to receiving and issuance. We process more than 2 million purchase orders each year with more than 2.5 million invoice lines. Those process efficiencies benefit you through:
- Lower costs
- Consolidated Vendors
- Reduced overhead
Benefits of Transactional Processing
Lower Costs
The move to consolidated processes reduces the time required to search for suppliers & products, raise quotations, place the order, chase the supplier & receive the delivery. It means you reduce your costs and get time back to manage other projects.
Consolidate Vendors
You spend a lot of time managing the procurement process, from requesting item quotes to approving purchase orders and invoices. Utilising our expertise reduces your interaction with a single supplier.
Reduced Overhead
Outsourcing your MRO supply chain means you no longer need to process the thousands of invoices, purchase orders and other tasks. It frees your time and that of your staff to pursue higher value projects.