Automate the entire Requisition & Procurement process, move projects forward, enhance communications, gain real-time visibility, and deliver strong ROI across your entire organization. Designed for mid-sized and enterprise companies.

Key Features

    Mobile Catalog Shopping & Approvals
    Enterprise Purchase Order Management
    Powerful Receiving Capabilities
    Centralized Invoice Matching
    Multi-Currency & Multi-Language
    Dynamic Rule Engine & Approval Workflow
    Ad Hoc Approvals
    Powerful Vendor Contract Management
    Extensive Project & Job Cost Capabilities
    Flexible Vendor Approval
    Intuitive Vendor Portal
    Effective Request for Quote
    Robust Check Request Features
    Invoice Attachment Maintenance Page
    Sophisticated Audit Capabilities
    Flexible GL Distributions
    Advanced Budgeting Engine
    PunchOut Capabilities
    Guided Buying Catalogs
    Inventory & Materials Management
    Multi-Company & Inter-Company
    Powerful Tax Engine
    Questionnaire Capabilities
    Comprehensive Status Monitoring

Benefits

    Eliminate error-prone paper-based processes
    Reduce requisition-to-order costs and cycle time
    Control maverick spending
    Manage by exception - ensure that your purchases adhere to your policies
    Ensure Sarbanes-Oxley compliance with a complete audit trail of transactions
    Enable your procurement professionals to focus on strategic tasks

Measurable savings are what prompt companies to invest in procurement. These savings come from more information based decisions, and simplified purchasing processes with lower transactions costs. A company can expect to save between 5% and 15% of their total procurement spend and start seeing results in six to nine months. A company that spends $500 million a year could save between $40 million and $60 million annually.

Universal Procurement
Paramount WorkPlace eProcurement can be used to streamline the acquisition of all types of goods and services, both the direct procurement of raw materials and production goods, and the indirect procurement of maintenance, repair and operating (MRO) supplies as well as capital goods and services.

Designed for Enterprise-Wide Compatibility
Paramount WorkPlace eProcurement is easy to deploy across the entire enterprise. Clustered web server support enables larger installations to improve efficiency. An integrated procurement document repository ensures that all procurement documents are retained and accessible. Tight integration with the underlying Microsoft SQL relational database delivers scalability and fast transaction processing.