POWERING COST SAVINGS AND EFFICIENCY GAINS WITH eSOURCING
Electronic sourcing removes paper, process time, complexity and manual overhead from supplier negotiations, delivering a consistent process for driving significant savings across categories. Offering both online tendering and auction capabilities, web3 eSourcing is a powerful, highly intuitive toolset for the professional purchaser looking to drive best value and optimise those strategic sourcing outcomes.
eSOURCING BENEFITS AT A GLANCE
MORE TENDERS, MORE OFTEN
When compared to manual equivalents, electronic tendering saves up to 85% of the process overhead. This allows you to run more events and deliver more savings.
STRAIGHT FORWARD eAUCTIONS & LOWER COSTS
Electronic auctions drive savings that simply cannot be achieved by any other means. You can achieve price reductions of 18% on aggregate across all categories with our intuitive system.
REDUCE PROCESS FRICTION, IMPROVE EFFICIENCY
Enable quick, simple and consistent sourcing with powerful functionality, including in-built project management, automated alerts and scoring, and collaborative review features.
CONTROL SPEND REGARDLESS OF LOCATION
Available in 14 languages out of the box, web3 eSourcing is fully time zone and currency enabled to power international sourcing. It’s also optimised for portable devices so you can work anytime, anywhere.
IN OUR CUSTOMER’s WORDS
See how web3 eSourcing transformed their sourcing processes to deliver efficiency, transparency and cost savings.
Martin Tandy, Senior Procurement Manager at Britvic, discusses the benefits of using Wax Digital’s web3 eSourcing solution:
- Simple user interface has driven adoption
- More efficient and quicker to use than previous system
- More transparency on eSourcing event outcomes
Manchester Airport Group
Richard Ainley, Compliance and Governance Procurement Team at Manchester Airport Group talks about using Wax Digital web3 eSourcing:
- Ease of use for buyers
- Visibility for stakeholders
- Supplier compliance
A highly intuitive, competitive middleweight platform
Build tenders quickly and easily
Wax Digital web3 renders the time-consuming process of constructing the most complex tender documents. It’s quick, simple and efficient, with pre-populated templates which you can add to and customise at will.
Link sourcing activities
Multi-stage events (progressing from a Pre-Qualification Questionnaire to a Request for Proposal to an auction, for example) simply involve flipping all the data from one stage to the next, carrying through qualifying suppliers and data automatically.
Make life simpler for suppliers
The web3 supplier portal delivers a highly intuitive means for suppliers to respond to tenders and participate in auctions. It also incorporates comprehensive collaboration and broadcast features with a full audited behind every action.
Supplier responses are automatically scored and ranked wherever possible. Stakeholders across your business can quickly and easily score and comment on any sections they are responsible for – with weightings automatically applied as appropriate.
Eliminate process bottlenecks
The intuitive user interface common across all web3 modules makes complex processes simple to manage. Sourcing can be made available to users across the business, eliminating bottlenecks and increasing throughput and returns.
Send automatic notifications to both successful and unsuccessful suppliers via web3, reducing the administrative burden. Automatically generate a new contract in web3 Contract Management, pulling all key data from events to contracts.
REQUEST A DEMO
See how our web3 software could benefit your organisation
With some simple information we’ll give you pricing for your specific requirements
CHAT WITH US
If you prefer, why not have an informal online chat with one of our advisors
We’d love to hear from you. Click here to drop us a message or call us on +44 (0)1612678375
MORE WAYS WE CAN HELP
Manage any number of contracts with our centralised, cloud-based management solution. Streamline contract approval and review process, and make sure your contracts are all up-to-date.
SUPPLIER INFORMATION MANAGEMENT
Our online hub allows suppliers to self-serve with onboarding information, and submit mandatory certifications and documentation. Supported by automated milestone and alert management.
SOURCE TO CONTRACT
A powerful and comprehensive platform that’s ideal for delivering sourcing success, including eTenders and eAuctions, Contract Management, and Savings Tracker
WHY CHOOSE WAX DIGITAL?
We’re proud of our industry-leading, 98% customer retention rate, but there’s more. See our 8 compelling reasons to talk to us about your next procurement project.