Spend Management

Maximising the power of your spend

To understand the value of taking control over purchasing, consider the challenges of your existing manual purchasing process:

• Purchasing Disciplines: If a formal order is raised for every purchase made, detailing the goods and services purchased, the relevant pricing, purchasing and payment terms, it is a tedious and labour intensive process. If not, there is no record of purchasing commitments and how are the purchase invoices approved, unless just from memory?
• Fragmented Spending: Whilst senior management deal with major purchases, a very large number of staff place orders with dozens, if not hundreds of suppliers, usually selected on an individual's own preference. Fragmented spending increases the workload and reduces the effectiveness of spend.
• Paying too much: Fragmented spending through untrained staff results in the company wasting money by paying more they need to on a large proportion of what they buy.
• Lack of Control: In most small the medium sized organisations there is no individual who has responsibility for corporate spending, as each department and each location act independently. The result is wasted money and no one that cares.

Compleat Purchase to Pay software fully automates the purchasing process enabling the organisation to take control over corporate spending. The incorporation of the Compleat Buyers Group effectively outsources the expertise and resources required to maximise the effectiveness of spending to reduce the cost of purchase across 10,000's of items and services, simply by paying less.

• Purchasing Control: All purchase requisitions are electronic, ensuring that the correct approval process is adopted every time and the purchase orders reflect the full details including quantities, pricing, payment terms and the appropriate terms and conditions.
• Consolidation of Spending: The ability to enforce the selection of suppliers, goods, services and pricing enables the organisation to consolidate spend and reduce the cost of goods and services.
• Save with the Compleat Buyers Group: Membership to the Buyers Group automatically provides many thousands of "catalogue items" from the selected suppliers at reduced pricing. Consolidating spending is simple and the company will make real savings on everything it purchases.
• Taking Control of Spend: Organisations can either utilise their own procurement staff or leverage the Compleat Buyers Group resources to take control of all aspects of corporate spending.

Controlling spend can only be achieved through automation, as it requires the co-operation of everyone involved in the process. By taking centralised Spend Control with Compleat, the organisation can maximise the effectiveness of spend, saving money whilst significantly improving productivity.