@UK PLC Company Formation & Company Registration, ecommerce, domain name registration, spend analysis, eprocurement in green marketplace

Source to Payment cycle

eProcurement is a catch-all word that means different things to different people. Here at @UK PLC®, we use it to define the entire s2p process from Source to payment.

@UK PLC® aims to join up all the elements of s2p(Source to pay) into a a straightforward linked up process.

The result is significant savings to both buyers and suppliers through an easy to use efficient process.

Sourcing has the following stages

• Spend Analysis - SpendInsight
• Demand Management
• Sourcing Strategy - e2class/GreenInsight
• Supplier Qualification - @Directory
• Contract Negotiation - @Tenders and @Auctions
• Contract management - @Contracts, @Purchase2Pay, @Marketplace

Buying has the following stages

• Identify need @Marketplace, @Source, e2class
• Create Requisition @Marketplace, @Quotes, @Auctions
• Route Approval (integration with all PO systems plus @Purchase2Pay
• Create Purchase order (ERP/@Purchase2Pay)
• Shipping/provision of service
• Receipt of goods/services (ERP/@Purchase2Pay)
• einvoice @Marketplace
• payment @Marketplace, p-cards, BACS, status notifications to suppliers

By providing both buyers and suppliers with a set of easy to use systems, that connect into existing systems where appropriate, @UK PLC aims to break down the barriers to mass adoption of e-procurement and the full s2p(Source to pay) cycle.