eTrading
Benefits For Buyers:
- Financial savings (cashable and non-cashable) through:
– More efficient processes
– Increased use of corporate contracts
– Improved management information; - Easier access for end users to both collaborative contracts - local, regional, national – and corporate contracts;
- Greater visibility, and therefore greater control of spend, reducing ‘maverick’ buying;
- Reduction in the number of invoice ‘mis-matches’ and errors; and,
- Improved ability to meet prompt payment targets through faster payment of invoices.
- Once only registration giving access to multiple customers via one portal
- Reduced transaction costs through electronic receipt of orders & issuing of invoices
- Ability to set up & maintain catalogues, ensuring information and pricing is always up to date
- Greater visibility of available contracts, leading to an increased number of orders
- Faster payment processes, helping to improve cash-flow; and
- System set-up and training provided at no cost which will also prepare suppliers to deal with e-enabled clients in wider markets
