GoProcure provides an end-to-end e-commerce solution enabling corporate buyers to complete an entire procurement transaction in one application. The platform allows full management of the procurement process on a flexible, mobile, and on-demand platform.
GoProcure offers the following benefits to its users.
A broader and more visible supplier pool, ensuring best-in-class pricing and cost savings
Insight into purchase trends and patterns, increasing visibility and control for the team
No more non-PO purchases or unapproved suppliers, reducing broader organizational risk
Quick and intuitive purchasing, optimizing the purchasing process and team productivity
Access dashboards that provide executive level summaries of key metrics
Leverage real-time reporting to empower your Procurement and AP teams and make their workflow efficient
Make intelligent decisions with increased visibility and in-depth pattern analysis of your spend
Leverage GoProcure’s supplier network to find any product or service.
Access a proprietary product marketplace with 2 billion+ SKUs, including products from your preferred online suppliers.
Initiate quick bids and requests to engage product and service providers.
Use our machine learning algorithms to find the best product or service for your exact requirements
Leverage your existing supplier contracts and catalogs for best-in-class pricing
Easily discover diversity suppliers to facilitate diversity purchasing
Configure approval workflows to ensure all purchase orders are authorized
Filter non-compliant and bad-fit suppliers per your organization's policies
Conduct quick and routine audits of transaction data to ensure compliance
Work hand-in-hand with our on-demand Buyer’s Desk to fulfill any purchase in minutes
Simplify and automate PO and invoice management – no more paper or non-PO invoices
Outsource onboarding of tail suppliers to GoProcure
Maintain one consolidated electronic invoice for all your tail spend purchases
Make a single payment to GoProcure as your master vendor and let us handle the rest
Leverage GoProcure’s integrated virtual card technology to reduce fraud
Tail spend purchasing is a headache for businesses of all sizes. Historically addressed with a fragmented approach (e.g. commercial cards, BPOs and e-marketplaces), the majority of procurement organizations today are struggling to realize the benefits of effective tail spend management.
In 2017, one of the largest global performance eyewear companies undertook a major initiative to revamp their tail spend purchasing practices. The organization had a mature process for routine purchasing, however was challenged in dealing with its significant volume of suppliers and micro purchases. The organization needed a solution that was user friendly for employees across various lines of business, but also met the rigorous needs of its procurement organization.
A broader and more visible supplier pool gives us best-in-class pricing at the unit level and ultimately increases our cost savings
Gaining visibility into and eliminating non-PO purchases and purchases from unapproved suppliers significantly reduces our risk profile
Insight into purchase trends and patterns finally gives visibility to the team of how our money is being spent
Quick and intuitive purchasing optimizes the purchasing process and dramatically increases our team productivity