Your purchasing process can always be improved. So keep a close eye on this process. Analyze the process and ask yourself whether this can be done more efficiently. When the process runs smoothly, there are of course many advantages. When it saves you time and money, that is of course always interesting. What other benefits are there? You can read that in this blog.
What is a purchasing process?
In a purchasing process, the process in which products or services are purchased is mapped out. This process usually consists of 6 steps, we have listed them for you:
The commercial aspect is mainly in the first three steps. The last 3 steps are mainly about the operational aspect.
How can you organize this efficiently?
It often happens that the purchase is done from many different suppliers. This all has to be kept in an organized manner and that requires a lot of paperwork. This is a time consuming job. You can reduce the number of suppliers by means of invoice procurement.
Consider the following points:
Because you have 1 total supplier, you also only have 1 point of contact, 1 invoice and 1 payment term. A lot less to take into account. This way you can focus on the core activities of your business. This allows you to focus on strategic issues and optimize them in the long run. This also reduces internal costs by up to 21%! Outsourcing your purchasing is therefore always a good idea. From invoice settlement to the source to pay or procure to pay process, we are happy to take the work off your hands.