The Source-to-Pay landscape is fundamentally changing as manual processes are being transformed with new technology-based tools. These tools require less overhead, improve controls and speed up processes enabling organizations to do more with fewer resources. Organizations looking to remain competitive are embracing this change with high adoption rates.
The SpendBridge Software-as-a-Service (SaaS) architecture helps organizations realize this transformation through a flexible, quick to implement spend management solution. The SpendBridge solution allows organizations to implement what they need when they need it – bringing a cohesive platform for acquiring all the goods and services to run your organization and pay your suppliers accurately and on-time.
The Complete Source to Pay Solution
Enabling the best suppliers for your organization. (check out the .intro class on Why Spendbridge)
Our easy-to-use Sourcing module allows organizations to maximize their purchasing power and optimize their full source-to-pay process. Our RFX tool is built to help organizations create fast micro bids that deliver great value. For those organizations looking for sourcing expertise, our team will happily help with sourcing strategy from spend analysis to full outsourced purchasing services.
Driving smart purchasing and cost savings.
Our intuitive shopping experience brings approved products and services under one, on-line storefront. Our smart interface guides shoppers to contracted vendors and items, taking the guess work out of making the best purchasing decisions for their needs. Customized workflows give you the pre-purchase controls you desire.
Eliminating paper and increasing compliance.
The Invoice module automates invoice processes from receiving, entry, matching, exception handling and invoice approvals. Beyond saving time, efficient invoice management increases compliance and provides visibility to discount opportunities.
Recognizing savings and improving purchasing efficiencies.
The Contract Management module tracks contract spend, renewals and measures the performance of your contracts creating opportunities for improvement.
Providing visibility making spend data more obvious and actionable.
All SpendBridge modules are connected to a dynamic, data dashboard with quick visibility to actionable data needed to make the best organization decisions and identify opportunities for additional savings
Simplifying supplier management while building better supplier relationships.
SpendBridge streamlines networking and communicating with suppliers creating process efficiencies and streamlined data management.