If you're looking for the promise of a rapid and significant return on investment twinned with low financial risk, you really needn't look any further that electronic sourcing.

After all, eSourcing is very effective at driving best value in the price of goods and services. Sourcing events are relatively cheap to run and deliver immediate, unequivocal and often very significant savings.

But without a full-scale Purchase-to-Pay system working across your whole business, giving everyone within it the tools to find and buy the right products and services from the right suppliers at the right prices, you risk losing those hard won contract dollars through maverick spend, process inefficiencies and general lack of compliance and audit.

And without the spend intelligence gathered from a P2P system it is very hard to capture the data needed to drive your ongoing strategic sourcing activities.

So it is clear that best-in-class purchasing operations have to rely on eSourcing and P2P working in harmony.

The only problem that remains is very often convincing the board to spend a six figure sum on implementing a P2P solution, when the returns on that system - however strong the business case - are often 12-24 months out.

Welcome to the bullet-proof business case!

Wax Digital is unique in providing a complete source-to-pay portfolio of expertise and on-demand technology.

Because we can deliver both halves of the equation, we are able to offer a unique proposition that takes the financial risk out of eProcurement. The bullet-proof business case is simple, but powerful:

  • You buy a package of 5 managed sourcing events from us
  • We'll work with you to identify your spend categories best suited to electronic sourcing and then run the 5 events with you
  • We guarantee to deliver sufficient savings from those events to pay for a full scale P2P implementation, thus allowing them to put the enterprise-wide controls in place to actually deliver on the paper savings created from the sourcing activity.
  • If we don't secure sufficient savings in the 5 events, we'll keep on running events free of charge until we do deliver the savings

So you identify savings through eSourcing, use those savings to pay for a purchase-to-pay solution, and leverage the P2P solution to actually deliver the savings into the business. It's got to make sense!

Find out more by getting in touch today, call us on 0161 3678375 or come along to one of our Landmark breakfast briefings for the whole story.

The purchasing landscape will never be the same again.