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What is OpusCapita Procurement Innovations?

Engaging with a solution directly can be significantly more immersive than merely reading about it. In this informative video series, procurement expert Paul Lane elaborates on a variety of common use cases for several of our innovative solutions. He explains crucial concepts such as operational procurement, guided buying, and category browsing, along with visibility management, the ranking of preferred suppliers, and the identification of preferred products. Furthermore, he examines the generation of direct material demand derived from the ERP system, featuring a demonstration by FedEx that illustrates the intricacies of assets, BOM, and sourcing strategies. The case study highlighting Equinor underscores how OpusCapita stands out as a dependable source for supply and pricing information. Other engaging subjects include classification groups, the assignment of attributes, hot folders, and the process of incremental updates. The series also explores the topic of progress payments tied to specific project milestones, as well as the necessity of reporting on purchase order line items and rate sheets. Additionally, it highlights the importance of conducting thorough background searches and the influence of hosted supplier websites on procurement practices. By the end of this series, viewers will gain a well-rounded perspective on how these solutions can significantly enhance and simplify procurement operations.

What is Team Procure?

Team Procure is an innovative cloud procurement platform designed to streamline the management of your entire purchasing workflow, encompassing e-sourcing and inventory management within a single, cohesive application. This solution allows you to efficiently handle purchase requests, orders, suppliers, and inventory across various warehouses from one centralized system. We specifically target small to medium-sized businesses across diverse sectors, including manufacturing, construction, healthcare, and beyond. Our range of services includes: • Facilitating Purchase Request Creation • Supplier Onboarding Processes • Tailored Approval Workflows • Requests for Quotations (RFQs) and E-Auctions • Comprehensive Warehouse and Inventory Oversight • In-depth Reporting Capabilities In addition, Team Procure provides an enterprise-level solution tailored for extensive procurement needs, featuring dedicated servers, enhanced sourcing tools, seamless ERP integrations, and top-tier customer support to ensure optimal operational efficiency. With our platform, businesses can enhance their procurement strategies and drive better decision-making through data-driven insights.

Media

Media

Integrations Supported

Integrations Supported

HubSpot CRM
HubSpot Customer Platform
QuickBooks Online
Sage Accounting

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$250/month (3 users)
Enterprise (call for pricing)
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
On-Prem
Linux

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

OpusCapita

Date Founded

1984

Company Location

Finland

Company Website

pages.opuscapita.com/procurement-innovations

Company Facts

Organization Name

Team Procure

Date Founded

2016

Company Location

United States

Company Website

www.teamprocure.com

Categories and Features

PIM

Digital Asset Management

Categories and Features

Auction

Alerts/Notifications
Bid Management
Billing & Invoicing
Dutch Auction
Inventory Management
Live Auction
Online Auction
Online Bidding
Reverse Bidding
Silent Auction

Compliance

Compliance Tracking
ISO Compliance
Workflow / Process Automation

Inventory Management

Alerts/Notifications
Barcoding / RFID
Inventory Optimization
Manufacturing Inventory Management
Mobile Access
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Operations Management

Not specified

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Catalog Management
Compliance Management
Contract Management
Inventory Management
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

RFP

Bid Management
Collaboration
Data Import / Export
Due Date Tracking
Requirements Management
Vendor Management

RFQ

Not specified

Sourcing

Auction Management
Budget Management
Collaboration
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal

Supply Chain Management

Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Shipping Management
Supplier Management
Warehouse Management

Vendor Management

Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

Warehouse Management

Barcoding / RFID
Category Customization
Inventory Management
Location Control
Order Management
Purchasing
Receiving / Putaway Management
Shipping Management

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