CINCINNATI, April 5, 2017 /PRNewswire/ -- Aquiire, Inc., the leader in real-time eProcurement and supplier relationship management solutions, has published a new white paper entitled Is it Worth Investing in an eProcurement or Procure-to-Pay (P2P) Automation Solution?. The paper builds a case study for employing advanced procurement software solutions that modernize business operations, while delivering critical savings, purchasing compliance and value to company stakeholders.
Per the Aquiire white paper, advanced and disruptive technologies are emerging that will positively transform organizations by solving key procurement challenges, as well as improve the accuracy, speed of execution, relevance to the business and outcomes. The paper explains how progressvie procurement leaders are shifting their business objectives to spend more strategically and embracing the latest technological advances in procurement software to streamline their operations.
The paper provides practical advice and best practices for choosing and implementing an eProcurement solution that will drive organizational savings and value through exceptional user experiences, automated supplier management and real-time purchasing control. Offering an in-depth look at procure-to-pay (P2P) automation considerations, the paper states that some of the key benefits for employing the latest procurement software solutions include:
- Superior user experiences
- Vastly improved procurement adoption
- Flexible and wide-ranging purchasing control and compliance
- Untapped cost savings opportunities
- Delivering more value to stakeholders
- Highly measurable return on investment (ROI)
- Small total cost of ownership (TCO) compared to realized savings
The paper explains how eProcurement solutions help to forge business operations that are faster, less expensive and more accurate, while simplifying downstream processes. Because the role of procurement has progressed from an operational function to a much more strategic one, the paper shows how leading-edge technologies are revolutionizing the way enterprises do business, allowing leaders to focus on more critical business strategies.
A complimentary copy of the white paper Is it Worth Investing in an eProcurement or Procure-to-Pay (P2P) Automation Solution? is available by visiting the Aquiire website resource center.
About the Aquiire eProcurement Suite
Aquiire's intelligent real-time Procure-to-Pay (P2P) suite brings the convenience and simplicity of the consumer shopping experience to the business user with unparalleled compliance and savings. Aquiire features patented universal search and shopping, machine learning, actionable intelligence and collaborative supplier enablement solutions. Aquiire's best-in-class intuitive user interface (UI) and the exclusive visual shopping tool Klarity™ allow users to instantly refine real-time universal search results across any internal or external catalogs available to them in a single search. The real-time processing of structured and unstructured data also powers advanced capabilities like instant alerts, risk analysis, analytics and price/product compliance enforcement.
About Aquiire, Inc.
We are more than procurement thought leaders and disrupters. We are technology entrepreneurs and innovators. Aquiire's eProcurement platform was developed through real-world partnerships with procurement leaders from some of the largest global enterprises and public institutions. We believe procurement should move as fast as your business and real time matters. Aquiire is MBE Certified and one of several portfolio companies of Vora Ventures, which was recently named the Technology Company of the Year in Cincinnati. More information is available at www.Aquiire.com. Twitter: @Aquiire.
- Aquiire Digital Brochure
- White Paper: 12-Step Program for Implementing a Successful eProcurement Strategy
- PayStream Advisors 2017 Report: Procure-to-Pay for Indirect Spend
- Ardent Partners Featured Report: P2P: Best-in-Class Blueprint
Contact: Paulie Anthony, Director of Marketing
firstname.lastname@example.org | 513/285.8385
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aquiire-white-paper-explains-the-business-benefits-of-investing-in-advanced-automated-procurement-software-solutions-300434930.html
SOURCE Aquiire, Inc