“Profit improvement through purchasing excellence”

 
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Prestige Purchasing has a unique e-Commerce practice, as it is made up of a blend of “e-knowledgeable” technical specialists with experienced practitioners in the complex world of procurement. The result is a highly skilled, practical and pragmatic team capable of delivering real and measurable business benefits from helping our clients trading electronically.

Process Review - our Diagnostic report on the full Purchase-to-Pay process. Utilising our Source-Order-Receive-Account framework we map the existing process and compare this with our “best in class” model. The resulting gap analysis then feeds the development of timed and costed activity planning to deliver your own best in class processes

 

Purchase to Pay Process

 

e-Sourcing – we can provide expertise and tools to enable the development and implementation of a comprehensive e-Sourcing strategy, including e-RFI, eRFP, e-Auction etc. Or if you prefer we can support your initial trials in this area, for example by providing a trial e-Auction

e-Procurement - Multi-Buy – Prestige Purchasing has its own proprietary e-Procurement, available as a managed service either on the web or on your own intranet. Created and designed by experienced purchasing professionals it is the best low cost, low risk service available in today’s market

e-Contract Management - To fully capture negotiated improvements in cost, quality and delivery, it is critical to monitor, measure, and manage supplier performance against the contract. According to Aberdeen Group, companies doing so with a contract management solution have been able to reduce costs by 2-7% and improve contract compliance by 50-55%, among other benefits


Multi-Metrics – our web-based spend analysis tool. Capture spend from multiple accounting systems and see it in a fully consolidated format

Catalogue Management - outsourced Catalogue Management to enable you to focus effort on what really matters

  

 

 

 

 

 

 

Purchase-to-pay process graded by

 

Business impacting process gap or no process

 

 

Process gap or inefficient process

 

 

Efficient process with no gap