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
Sourcing Strategy - e2class/GreenInsight
Supplier Qualification - @Directory
Contract Negotiation - @Tenders and @Auctions
Contract management - @Contracts, @Purchase2Pay, @Marketplace
Buying has the following stages
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.