Precoro
Precoro is a comprehensive cloud-based platform designed to centralize and automate procurement processes. It seamlessly integrates your procurement activities, reduces manual tasks, curbs unauthorized spending, and accelerates savings in ways that may surprise you.
- Procurement: Enhance relationships with suppliers, centralize contract management, and streamline employee requests for greater efficiency.
- AP Automation: Optimize each phase of the invoice lifecycle using an AP inbox, AI-driven OCR technology, an approval workflow, 3-way matching, detailed reporting, integrations, and budget oversight.
- Spend Management: Effortlessly monitor budgets across various locations and departments, manage expenditures, and generate reports that provide valuable insights.
- Supplier Management: Improve the onboarding process for vendors and streamline approvals to mitigate potential risks.
- Precoro can be integrated with ERP systems and business applications like NetSuite, QuickBooks Online, Xero, and Sage, or you can establish custom connections using a free API, effectively eliminating duplicate payments and manual document handling.
With an intuitive interface, Precoro ensures that users can complete onboarding in less than six weeks without needing IT support. You can customize the system, scale your operations, and receive continuous assistance from your personal Customer Success Manager (CSM). Moreover, your data remains secure with single sign-on (SSO) and robust two-factor authentication, providing peace of mind while you manage your procurement needs.
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Everstream Analytics
Mitigating sourcing and supplier risks is vital for ensuring a consistent supply of materials, which protects production, revenue, and brand integrity through thorough risk analysis across a multi-tiered supply chain. By managing enterprise supply chain risks and ensuring the continuity of operations, businesses can gain a forward-looking and integrated view of the potential threats linked to sourcing, procurement, and logistics. Utilizing predictive analytics in transportation planning and during the movement of goods can improve service timeliness and completeness, turning risks and uncertainties into strategic opportunities. Everstream is a trusted partner for clients seeking to maintain business continuity, reduce risks, and transform potential disruptions into competitive advantages. Subscribers gain access to in-depth reports outlining supply chain weaknesses and trends, as well as timely notifications and weekly updates on events that could impact global supply networks. It is essential to foresee, prioritize, and tackle risks before they have the chance to disrupt assets and revenue flows. Prompt and effective action in response to disruptive events can lead to notable time and cost efficiencies, ultimately creating a more robust supply chain. In the fast-evolving marketplace of today, the capacity to respond swiftly not only safeguards businesses but also enables them to thrive despite challenges, thereby enhancing their market position. Moreover, organizations that invest in proactive risk management strategies are better equipped to navigate uncertainties and seize new opportunities as they arise.
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Foodbuy
Established in 1999, Foodbuy has emerged as a leading procurement organization for food services in North America, managing an astounding expenditure that surpasses $35 billion. Acting as the sole sourcing ally for Compass Group North America, Foodbuy provides unique pricing benefits and economies of scale that distinguish it from its rivals in the industry. The organization offers a broad spectrum of procurement solutions, which encompasses distribution management tailored to meet the specific needs of clients, purchasing optimization, and culinary consulting services, all designed for diverse sectors including hospitality, healthcare, education, and gaming. Rooted in fundamental values such as flexibility, inclusion, results-driven methodologies, sustainability, and transparency, Foodbuy fosters a collaborative and innovative culture within its operations. With a team of over 600 dedicated supply chain specialists, Foodbuy empowers its members and suppliers with unmatched procurement strategies, aiming to achieve the highest level of customer satisfaction. By consistently evolving to meet market demands, Foodbuy remains devoted to enhancing its service offerings while driving the success of its partners, ensuring a forward-thinking approach to food procurement that anticipates future trends. The organization’s unwavering commitment to excellence is reflected in its continuous pursuit of improvement and adaptation.
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1688
1688.com is a leading B2B wholesale marketplace linked with Alibaba Group, primarily serving the domestic audience in China. The site features a vast array of products spanning various categories, including raw materials, industrial machinery, apparel, and consumer items, all sourced straight from manufacturers and suppliers. Presently, 1688 offers direct shipping services to numerous countries worldwide, ensuring that products are delivered swiftly, securely, and directly to international destinations. In addition, the platform supports multiple payment methods, simplifying transactions for global buyers who wish to use their preferred local payment systems. With an impressive inventory that includes over 100 million items ranging from fashion and electronics to essential home goods, 1688 caters to every industry sector. By enabling access to wholesale prices directly from manufacturers, buyers can take advantage of competitive pricing that mirrors factory costs. This extensive product range positions 1688 as a crucial resource for businesses in search of high-quality products at discounted bulk prices, ultimately fostering growth and efficiency in their supply chains.
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