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Home : Solutions

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TOOLS FOR SOURCE-TO-PAY SUCCESS

A UNIFIED PLATFORM WITH UNIQUE VALUE

Epiq Smarter Procurement solutions provide advanced tools and intelligence to drastically reduce procurement costs. The solutions fully integrate, simplify and automate the entire source-to-pay process, enabling your organization to:

  • cut spending on goods and services
  • drive policy and contract compliance
  • improve productivity with reduced processing and supplier support time
  • ensure best-practice continuous improvement in buying and supplier performance

As the demand for sustained profitability, compliance and risk management intensifies, companies and organizations of all sizes are transforming the role of procurement with:

  • movement of purchasing departments, procurement groups and sourcing specialists to the forefront of business strategy
  • assignment of key strategic value in the source-to-pay activities of sourcing, managing suppliers and contracts, requisitioning, ordering, receiving, and invoicing

Companies and organizations must leverage Epiq's focus, flexibility and rapid solution delivery to equip them with the tools and intelligence needed to maximize key strategic value.

Obtain quick time-to-value and sustainable cost savings by streamlining source-to-pay activities in a tightly integrated, yet modularly adopted, solution platform with advanced functionality. Epiq is starkly different from slow-moving, unfocused ERP vendors and hype-driven, narrow niche vendors, set apart by key characteristics of its solutions:

  • Fast: rapid deployment process, speedy adoption and quick results. Free from complex implementation and maintenance, Epiq's solutions are deployed faster, intuitive, and supported by integrated services from a team of procurement experts.
  • Agile: flexible deployment, payment, expandability, configuration and branding options. Solutions may be delivered as cloud-based Software as a Service (SaaS) packages or as rapid-deploy applications, providing new levels of choice.
  • Sustainable: advanced functionality to automate complex processes along with seamless integration, prioritized support, interactive training, expert services, all without the costs and burdens of complex installation and maintenance.
  • Comprehensive: end-to-end, integrated, full life cycle functionality and expertise to support the needs of the most sophisticated buying organizations.

LEVERAGE TOOLS AND INTELLIGENCE THAT DRIVE SUPERIOR RESULTS

Leverage Empower Succeed
  • Optimization and decision support tools
  • Web-based sourcing projects & negotiation
  • Online supplier collaboration channel
  • Support for multiple and complex contracts
  • Immediately spot savings opportunities
  • Conduct accelerated and optimized strategic sourcing
  • Efficiently exchange information and define requirements
  • Reduce off-contract, off-catalog pricing and buying
Cut spending on goods and services
  • Compliance monitoring and management
  • Advanced approval workflows & permissions
  • Project and document audit trail reports
  • Alerts, notifications, tracking and linking
  • Identify and address policy noncompliance
  • Design and manage approval workflows
  • Maintain preparedness for reviews and audits
  • Take rapid corrective measures
Drive policy and contract compliance
  • Complete sourcing project management
  • Web-based, self-service supplier portal
  • End-to-end source-to-pay automation
  • Self-service requisitioning venue
  • Efficiently assess and select suppliers
  • Allow suppliers to access and maintain information
  • Refocus staff time according to objectives
  • Enable controled, policy-driven employee requisitioning
Improve productivity with reduced processing and supplier support time
  • Best practice sourcing templates
  • Closed-loop, integrated processes
  • Performance tracking and review
  • Corrective action tracking and alerts
  • Accelerate and improve sourcing effectiveness
  • Capture knowledge and measurements for improvement
  • Execute informed sourcing and supplier decisions
  • Make rapid improvement adjustments
Ensure best-practice continuous improvement in buying and supplier performance

LEARN MORE ABOUT EPIQ SMARTER PROCUREMENT SOLUTIONS