Using familiar Internet purchasing conventions, Slingshot’s Requisition and Procurement applications enable you to procure goods and services using secure, auditable and automated workflows that are simple to review and approve electronically. Tight integration between these two allied but separate functions allows you to bring your employees into your procurement process. This enables:
- Aggregation of requests for maximum discounts
- A greater proportion of contract purchases and a reduction of maverick buys
- Automation of tedious and error prone account coding
- Elimination of Request Status calls to that are disruptive to Purchasing
- Overall reduction in the time and expense of your average procurement transaction.
Internet connectivity shortens acquisition cycles, tightens supplier communications and reduces costs. The Internet also extends the opportunities for reducing costs by increasing procurement options. Internet auctions, price search engines and collaborative purchasing strategies can be used to drive down costs and improve the quality of procured items.
Purchase Order Management
Slingshot’s Purchase Order Management application forms an integral part of the procurement and requisition management capabilities of the Enterprise Suite and offers all functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.
Slingshot’s purchase order management software uses the Internet to dramatically improve purchasing efficiency. Enter aggregated purchase orders and track their fulfillment through online collaboration with your suppliers. Eliminate inefficiencies. Reduce costs. Increase margins.
Purchase Order Management is the heartbeat of Slingshot’s complete procurement solution. Requisitions that have been raised and approved on-line automatically invoke purchasing requests. No paperwork, maximum efficiency.
Our Web-based purchase orders make for a much shorter procurement cycle. Supplier registration, RFI’s, contract management and so on are all addressed. Online collaboration with suppliers also shortens the acquisition process, improves communications and reduces costs.
Slingshot’s Requisition Management application forms an integral part of the procurement and requisition management capabilities of the Enterprise Suite and offers all the functionality you would expect in a leading edge application. Access to enterprise suite applications is provided via a user configurable dashboard. The dashboard supports Alerts, Favorites Links, Key Performance Graphs, Workflow Tracking and a Message Board.
Through online collaboration, Slingshot’s requisitioning system starts the process that your purchasing team (ideally powered by Slingshot’s Purchase Order Management application) will finish, knowing that they’re dealing with an approved and aggregated requisition for goods or services.
Your employees can begin entering requisitions with little or no training. Self service requests are created by using a familiar internet convention - the “shopping cart”. This is done by browsing catalogs, ordering from a shopping list or by copying an earlier request. One-time product purchases, kits and kit components can be both purchased and inventoried items.
Online integration between requestor, purchaser and supplier mean that all requisitions are efficiently expedited, and can be reported on in real time. Any employee can enter, review and update open requisitions from any internet browser. Automated e-mail notifications keep everyone informed of approvals and when the goods have been issued from stock. The supplier and promised delivery date can also be viewed for each item.
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