Web Based Procure To Pay System for The Procurement of All Goods & Services

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<h1>Web Based Procure To Pay System for The Procurement of All Goods & Services</h1><strong> Author: <a href='http://www.articleseen.com/profile_josephfooster.aspx'>josephfooster</a></strong><br /><p>The Bajan Group’s Procurement Service Center business model is created to provide our clients with the best practice for sourcing, buying and paying for their goods and services, which delivers best practices to our clients and lowers the cost of operating these non-core functions for our clients businesses. The Bajan Group has developed a Procurement Service Center business model that enables our clients to outsource both strategic and tactical components of their source to pay requirements. The Procurement Service Center delivers a single vendor scenario through which each client uses. The Bajan Group’s web based procure to pay system for the procurement of some or all of their required goods and services. All orders are delivered to suppliers electronically under The Bajan Group’s name. Goods are delivered to the client who placed the order (or The Bajan Group warehouse). The Bajan Group pays all invoices to the suppliers and delivers an electronic file to each client. The electronic files is imported into the clients general ledger and books the expenses to the appropriate cost centers and the amount owed to Bajan for the goods and services that were purchased. As part of our value proposition, The Bajan Group offers our services on a performance basis. As such, The Bajan Group’s clients are guaranteed that their cost savings will exceed The Bajan Group’s fees. The Bajan Group documents all cost savings monthly (which are hard dollars only) and compare the total savings to The Bajan Group’s fees. If The Bajan Group’s fees are greater than the savings, The Bajan Group credits the client for the difference. The Procurement Service Center will provide clients with cost reductions by providing: • Access to category expertise • Strategic approach to procurement of goods and services • Access to Spend Analytics • Opportunities to aggregate spend with other companies • Eliminate tactical activity in the accounts payable process • Eliminate tactical activity in the requisition and purchasing process • Implement spending controls • Recapture corporate resources • Eliminate manual processes that are paper based • One integrated system for Source to Pay • Gain visibility and spend controls The Bajan Group executes our ADIM (Assessment, Design, Implementation, and Measurement) Process with each client. This process uncovers and determines the impact that The Bajan Group’s Procurement Service Center will have on your company. We perform an assessment of your current environment and present the results, along with a proposed solution. If you agree to move forward, The Bajan Group will design your source to pay solution; implement the agreed upon process and continually measure the model’s results and performance. This process allows Bajan to provide our services in a “pay for performance” environment, where Bajan guarantees your return on investment that we present to you at the end of our assessment phase.</p><strong>About the Author:</strong><br />Joseph Foster writes content about Procurement Outsourcing, <a rel="nofollow" href="http://bajangroup.com/"> Procure To Pay</a>, Procurement Management. For more information visit at<a rel="nofollow" href="http://bajangroup.com/">http://bajangroup.com/</a>.<p> Article Source: <a href='http://www.articleseen.com/Article_Web-Based-Procure-To-Pay-System-for-The-Procurement-of-All-Goods--Services_14450.aspx'> http://www.articleseen.com/Article_Web Based Procure To Pay System for The Procurement of All Goods & Services_14450.aspx</a></p>

Article Source : http://www.articleseen.com/Article_Web Based Procure To Pay System for The Procurement of All Goods & Services_14450.aspx

Keywords : Procurement Outsourcing, Procure To Pay, Procurement Management,

Category : Business : Business