PROCUREMENT IS CHANGING PROCUREMENT IS CHANGING

KEY BENEFITSKEY BENEFITS

ELECTRONIC PROCUREMENT BENEFITSELECTRONIC PROCUREMENT BENEFITS

Paper to electronic Slow to fast Reduce maverick spend and increase accurate investment

Reduce training spend and

better security

Manual to Automatic

The annual purchasing spend of a government department.

SUPPLIERS CAN ALSO MAKE BIG SAVINGS

SUPPLIERS CAN ALSO MAKE BIG SAVINGS

80%

20%

£850m

£133m

£350,000SAVINGS

National Audit Office data shows that the savings expected through implementing electronic solutions to process purchase orders and invoices is between £13 and £41 per transaction. One government department made savings of £350k alone.

£14,800,000SAVINGS

Savings that could be

reinvested in front

line staff

20 7

FASTER ORDER PLACEMENTFASTER ORDER PLACEMENT

BUYING AT THE RIGHT PRICEBUYING AT THE RIGHT PRICE

Moving items to an online catalogue on the PCN, results in order placement time being reduced from 20 minutes to 7 minutes (65% improvement). Securing saving of £200k annually.

DRIVING EFFICIENCIES ACROSS THE BUSINESSDRIVING EFFICIENCIES ACROSS THE BUSINESS

For one large government agency, purchasing was carried out by staff across 42 offices rather than through one single point securing the best deal.

£200,000SAVINGS

The price different buying organisations are charged for standard office products can vary widely.

Box of Bicballpoints

£21.25£6.40

AAA Batteries

£3.96 £6.99

HP Toner

£117.04 £264.05

WirelessMouse

£9.66 £11.16

£5.00 £60.00

KettleRRP

RRPRR

P

RRP

PROCSERVECOMMERCENETWORK

PROCSERVECOMMERCENETWORK

1. DATA ANALYSIS

3. PROCUREMENT SECURITY

5. FINANCIAL SAVINGS

2. EPAYMENTS BENEFITS

4. QUICKER INVOICING

6. SUSTAINABILITY

By deploying eProcurement, one organisation eliminated manually processing

Key benefits of a modern procurement process

INVOICE AUTOMATIONINVOICE AUTOMATION

Using the Procserve Commerce Network (PCN), a stationers reduced its processing costs from £3 to 50p per order.

Low value repeat orders and call off orders typically account for LESS THAN 20% of an organisation’s third party spend, but

MORE THAN 80% of purchase order / invoicing volume.

20,000 unstructured documents such as POs and invoices. Saving paper, toner cartridges but most IMPORTANTLY... it eliminated the task of sorting and opening mail, matching invoices to POs, keying data into the finance system and, critically, supporting processes when things inevitably go wrong such as correcting human error.

£0 £200 £400

Popular Online eMarketplace

Procserve Commerce Network

Recommended Retail Price (RRP)*SAVINGS MADE USING PCN OVER TRADITIONAL CHANNELS

SAVINGS MADE USING PCN OVER TRADITIONAL CHANNELS

THE BENEFITS OF USING PROCSERVETHE BENEFITS OF USING PROCSERVE

Make it all add up for your organisation

References:The above data is based on: The BDO, 2013 ‘Benefits realised through implementing the Procserve Commerce Network’

report and internal data collected via the Procserve Commerce Network. *As stated on Amazon.com