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Wax Digital marks a Turning Point in spend control

Turning Point

Turning Point, a leading health and social care organisation, has adopted Wax Digital web3 Source-to-Pay (S2P) as it looks to deliver a step change in its spend control capabilities, reducing costs and improving controls and process efficiencies to ensure best value for the people it supports through its 250 services in England and Wales.

The investment in web3 is the first part of a wider IT transformation project being undertaken by Turning Point, designed to deliver best in class capabilities across all the organisation’s technology streams. Read More

The Rewards of Managing Supplier Risk

Supplier risk

In this first of three blogs for The Manufacturer looking at the importance of managing supplier risk, Wax Digital’s Daniel Ball outlines why supply chain has become an increasingly dominant focus for scrutiny.

There has always been a need to evaluate and control hazards in the supply chain, but recent events have made manufacturers operating amongst increasingly complex and global supplier partner networks patently aware of the threats of getting it wrong. Read More

Technology project will FUSE eProcurement and internet shopping

FUSE

A new technology R&D project by procurement software company Wax Digital aims to revolutionise the way companies buy goods and services by allowing employees to buy from any internet site without the loss of purchasing controls or corporate approval.

Wax Digital’s ‘FUSE’ project, backed by the Technology Strategy Board, is designed to allow eProcurement platform users the freedom to include online shopping sites, from Amazon to Google, in their corporate purchases whilst still allowing their organisation to keep a tight grip on spending, cash flow and budgets. Read More

Optimum Procurement and Wax Digital meet with Spend Matters’ Jason Busch

Spend Matters

In an exclusive first interview since the announcement of the strategic partnership, Optimum Procurement and Wax Digital speak to Jason Busch of the industry leading online procurement resource, Spend Matters.

Read More

Wax Digital and Optimum Procurement announce strategic partnership to offer complete procurement software and services solution

Optimum Procurement

Wax Digital and Optimum Procurement today announce a partnership aimed at delivering a full sourcing and procurement software, consultancy and outsourcing portfolio to the market.

Based on the integration of the companies’ best-in-class procurement solutions, people and processes, Optimum and Wax will deliver an end-to-end spend management solution covering Source to Pay, Procure to Pay, eSourcing, procurement outsourcing and consultancy. Read More

UK Businesses Need ‘January Sale’ on Inflated Costs

New year savings

Data shows that UK organisations need to drive a harder bargain in 2014 as they have been overspending on many business purchases.

Data revealing that UK businesses are spending up to twice what they should on many crucial business products and services has been published today by procurement software company Wax Digital. Read More

The Who, What, Why and How of Supplier Rationalisation: Part 2

Suppliers

Following on from the first installment, the second part of this exclusive series on supplier rationalisation analyses supplier rationalisation best practice and also reveals top tips for success. Read More

The Who, What, Why and How of Supplier Rationalisation: Part 1

Suppliers

Scour the LinkedIn profiles of procurement professionals and consultants and you’ll find frequent references to supplier rationalisation. The immediate implication however is that this process is about cutting or reducing your supply base.

In modern terms it’s become far more sophisticated than this and could, amongst other things, lead to increasing supplier numbers. Daniel Ball talked to former procurement director, now an independent consultant, John Martin, to find out more. Read More

How to become a preferred customer: Part 2

Preferred customer

In the second post in this series, Wax Digital’s Daniel Ball analyses the steps necessary to become a preferred customer.

In my previous blog I examined why the concept of being a preferred customer is gaining traction amongst procurement people. Here we continue by looking at some of the things that must be implemented to make it a reality. Read More

Kennedys lays down the spend management law with Wax Digital web3

Kennedys

International law firm Kennedys is rolling out the Wax Digital web3 Purchase-to-Pay (P2P) procurement platform to bring tighter financial controls, governance and efficiencies to IT purchasing processes across the entire global organisation.

With 19 offices worldwide and 1,200 staff the firm’s IT team identified the efficiency benefits the new procurement platform could deliver on an international scale. The team will use web3 for all IT spend in the first instance before rolling out the system further to other departments in the UK, then internationally at a later date. Read More