ePlus solutions for the Supply Chain

i-Procure.com has looked into supply management applications from ePlus inc. ePlus inc. specializes in designing enterprise supply management applications to help organizations manage and control their business processes and reduce the cost of purchased goods and services. Their Procure+ application helps reduce and manage costs throughout the enterprise by providing a proper environment for compliance.

In order for any e-procurement program to be successful, you will need (a lot of) content. Procure+ works with Content+ to ensure that online catalogs contain complete content, enabling users to quickly and easily find what they need . ePlus also offers a Supplier Portal that enables suppliers to upload and maintain their own catalogs.

The Procure+ modules includes:

Electronic Catalog – Fast searching across multiple suppliers, including the ability to access supplier catalogs.

Requisition Process – User default fields, hot lists, shopping carts, and catalog searching make the process fast, simple, and accurate.

Approval Workflow – Procure+ routes requisitions and blanket order releases through the approval process (also several layers) via email.

Budget Checking – Verify fund availability before an order is issued. Supports multiple allocations per line item.

Auto PO Generation – Once items are approved, purchase orders are sent to suppliers by EDI, email, XML, fax – or the supplier can access their orders online. Requisitions can be consolidated or split, so one requisition can go to multiple suppliers and vice versa.

Sourcing and Bidding – RFQs, reverse auctions, and bid analysis are included in Procure+.

Invoice Matching – This module provides a three way match with existing purchase order and receipt information.

Evaluated Receipt Settlement (ERS) – This process issues payment approvals to trusted vendors when goods or services are received, bypassing invoices.

Reporting – Every transaction in the ordering process is stored and viewable within Procure+, including audit trails and departmental and management reports.

Procure+ seamlessly integrates with other ePlus supply chain solutions; Product Information Management (PIM), Spend+, and Manage+. Purchase order and invoice data is a vital for analyzing spend. Spend+ takes spend data from Procure+ to provide top down views of corporate spend.

Visit ePlus web site for more information: http://www.eplus.com