LET’S TALK ABOUT eFINANCE
When so many of the benefits accrue directly to the finance team, it seems almost wrong to talk in terms of ‘eProcurement’ software. Bring control, compliance, audit and visibility to every facet of your organisation’s supplier-facing trade. Cut costs, reduce friction and streamline processes across key finance and AP activities from vendor master data management to invoice processing and exception handling.
eFINANCE BENEFITS AT A GLANCE
FRICTIONLESS FINANCE, REDUCED MAVERICK SPEND
Eliminate the process overheads that fall on the finance function thanks to poor procurement practice in the form of invoice queries, approvals, audit and supplier data maintenance.
TOTAL VISIBILITY AND POWERFUL INSIGHT
Create a single, central resource for reporting across the procurement lifecycle and data from your whole business with powerful, highly configurable dashboards and business intelligence models.
STANDARDISED PROCESS, REDUCED BUSINESS RISK
Comprehensive self-service provision means suppliers can be on-boarded and maintain rich, accurate and up-to-date profiles, including financial and other risk metrics.
COMPLETE PURCHASING CONTROL
Make it simple – purchase orders are raised and approved before spend is committed, budget checks and approvals applied, good and services receipted, and invoices matched every time.
THE PERFECT SOLUTION
Achieve better control and compliance
Shift the paradigm by taking every supplier invoice electronic, regardless of the source format. Whether from paper, email, portal or any other means, web3 will render 100% of your invoices electronic and automate a PO match wherever possible, leaving your Accounts Payable team to deal with exception handling rather than data entry.
Control and audit
Ensure that every purchasing policy and best practice that should be applied across your business is being applied, automatically and in a way that actually makes employee’s lives easier. And enjoy complete audit on every user, supplier and system action – stored forever.
Ensure complete transparency and synchronisation between web3 and your finance system, or any other systems as appropriate, thanks to the industry’s only Integration Platform as a Service, web3 Connect.
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
web3 FOR PROCUREMENT
Best of breed eProcurement provides the tools to support not just improved process and compliance, but collaboration, insight and business advantage too.
web3 FOR IT
With a seamless integration with your existing IT investments, our secure, scalable and flexible system can maximise returns by ensuring higher quality compliance, data and engagement.
INTEGRATED SOURCE TO PAY
Maximise efficiencies, savings and spend compliance throughout the entire procurement lifecycle while integrating seamlessly with back-office, finance and ERP systems.
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.