FULL CONTROL AND VISIBILITY FOR YOUR MISSION CRITICAL DIRECT PROCUREMENT
Direct spend management comes on an altogether different scale to its indirect counterpart; higher volumes, greatly increased order criticality and much bigger implications in the case of any system or process failure. The Wax Digital web3 solutions leverage the collaborative features of cloud computing to give complete visibility and control across all aspects of direct spend.
INTRODUCING THE WEB3 DIRECT PROCUREMENT SUITE
DIRECT PROCUREMENT SOLUTIONS BENEFITS AT A GLANCE
Wax Digital in Direct Procurement
We support sourcing and transactions in all sorts of direct supply chains
TRUSTED IN DIRECT PROCUREMENT
We support clients across a range of sectors with direct materials and services procurement, including:
DIRECT PROCUREMENT FEATURE HIGHLIGHTS
Mapping closely with your ERP/MRP to deliver total supplier spend control and visibility
Know your suppliers
Improve the accuracy, depth and timeliness of supplier credentials through self-service on-boarding, creating a single version of truth vendor master in the cloud. Then overlay that data with surveys, scorecards, and supplier performance management to give a total 360° view.
Enhanced cost control
Speed up your sourcing cycles, and create the most competitive, best-value agreements for sustainable savings across indirect spend, whilst enabling a closed-loop, digital, and source-to-contract process for direct materials sourcing.
Order to invoice automation
Direct spend orders are typically generated automatically from your ERP/MRP system, but the document management and exchange process from that point on – ultimately resulting in a matched invoice – can leave a lot to be desired. Facilitating that collaboration through web3 shortens cycle times, improves visibility and enhances performance.
Seamless integration
Our web3 Connect integration platform ensures robust, reliable document exchange with both your back-office and any number and nature of remote supplier systems.
Bulletproof performance
A killer combination of high volumes and critical delivery timeframes means reliability and processing performance are vitally important in direct spend management and you can rely on web3 to scale accordingly, with unmatched availability.
Total spend visibility
With suppliers and spend across the organisation all managed through a single application and integration suite, it becomes easy to get a comprehensive view of every spend item and action through a powerful set of integrated reporting tools.
Product Guide
web3 for Direct Spendweb3 for Direct Spend is a leading eProcurement suite capable of handling high volume procurement in real-time, delivering spend control across the whole eProcurement lifecycle.
THE WEB’S MOST RECOMMENDED ePROCUREMENT PROVIDER
When Gartner asked customers from the world’s leading Purchase to Pay vendors if they would be willing to recommend them, this is what they said.
Gartner Peer Insights Logo is a trademark and service mark of Gartner, Inc., and/or its affiliates, and is used herein with permission. All rights reserved. Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates. As of 7 October 2019.
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