For decades, many businesses ordered office supplies through paper catalogs or at brick-and-mortar stores. As more and more business processes have gone digital, so has business buying.
Corralling spend coming from multiple vendors can bring challenges, like hindering visibility into and control over spending. Multistep workflows, manual reporting, and redundant or disparate systems can cause processing delays and costly inefficiencies. All of which can impede an organization’s ability to operate and compete effectively.
Connecting e-procurement systems to a centralized source of supply within a familiar consumer-friendly interface simplifies comparison-shopping and decision-making, leading to more time and cost savings. Greater transparency into transactions, data across teams, and more accurate reporting can also support insights that strengthen business strategy.
By integrating its e-procurement system with Amazon Business, msg systems automated purchasing workflows and spend policies. Employees can browse and purchase products, and msg’s procurement team gained greater visibility into transactions before processing, enabling them to better monitor spending and budgets., cut the average purchasing time at msg group in half, helping to lower process costs. In addition, teams spend less time comparing products and can cut costs.