web3 Purchase to Pay Benefits

Web3 Purchase to Pay (P2P) enables you to, buy the right products and services, from the right suppliers at the right price in a secure, online environment.  Some of the benefit of web3 source to pay are detailed below:

Delivering a Return on Investment

Applying spend management to your organisation delivers ROI in a number of ways

  • Compliance savings
    Buying goods and services from contracted suppliers ensures that negotiated savings become a reality.
  • Labour savings
    Process automation allows for reallocation of resources and skills.
  • Process savings
    Automating the procurement cycle eliminates the manual processing of orders and invoices.
  • Spend reduction
    Effective control measures and approvals sees your total spend levels drop by 2-3%.
  • Risk reduction
    Improved supply chain intelligence and management reduces potential reputation and financial exposure.
 

web3 Purchase to Pay Features

web3 Purchase to Pay is a comprehensive, yet easy to use eProcurement platform that helps organisations work smart and spend smart. Take a look at some of the key solution features:

Wax Digital web3 Purchase to Pay
  • Electronic catalogues and punch-outs ensure compliant buying
  • Contracts stored centrally and terms automatically applied
  • Up to date supplier catalogue and company information
  • Configurable approval schemes defined by your organisation
  • View all spend at a glance through a customisable dashboard
  • Manage approval remotely on mobile devices
  • Supports manual or scanned invoice processing
  • Free for suppliers

 

 

Request a demo  Request pricing

10 reasons organisations choose web3 Purchase to Pay

  1. Number 1 in the UK
  2. Integration capabilities
  3. Transparent pricing
  4. Quality support & delivery teams
  5. Rapid deployment
  1. High levels of data security
  2. Product flexibility
  3. Regular upgrades
  4. Free for suppliers
  5. Household name clients
 

Intuitive

By listening to the needs of users across organisations: from requestors to accounts; procurement to suppliers; web3 has become the most intuitive solution on the market.

Meeting users needs is at the heart of web3 Purchase to Pay, which means it can be quickly rolled out across organisations with minimal training.

Every key function is supported by online wizards to guide buyers, allowing even the most infrequent of users to quickly and easily search and select products, seek approvals and place orders.

The online supplier portal provides a comprehensive online engagement centre. It makes the process of catalogue data and order/invoice management simple. This in turn facilitates the rapid adoption of Purchase to Pay across large supplier communities.

 

Don't just take our word for it…

States of Jersey manage suppliers with web 3 Purchase to Pay
web3 provides us with more functionality to classify spend, set up catalogues and track spend against supplier contracts. It makes it easier for us to understand exactly what our supplier base is providing to us by way of goods and services and improves our ability to proactively manage suppliers”Director of Strategic Procurement, States of Jersey

In this video the Catering Manager of County Durham and Darlington NHS Trust talks about their web3 eProcurement system (Cardea)

 

 

Tell me more about…

P2P Features

Read more about the
key features of web3 Purchase to Pay

Modular options

Discover the additional module options available with web3 Purchase to Pay

Implementation

Take a look at the implementation process
and support offered by
Wax Digital