Avendra’s Comprehensive eProcurement Offerings
Common “Drivers” When Considering an e-Procurement Solution:
Gain Increased Cost Controls
- Reduce purchase order GL coding errors
- Improve purchase order approval routing
- Gain real-time checkbook capabilities to empower buyers when making purchasing decisions
- Access on-demand reports and information 24/7
- Eliminate lost or surprise invoices with “open” purchase orders reports
Streamline Purchasing Processes
- Delegate purchasing tasks without giving up oversight
- Review and approve purchase orders quickly via mobile-devices
- Access key approved suppliers in one portal
- Submit purchase orders electronically to any supplier
- Streamline Accounts Payable processes
Improve Visibility into Purchasing Behaviors and Compliance
- Improve visibility into supplier purchases
- Reduce non-compliant purchases
Avendra integrates a range of comprehensive eProcurement platforms and can customize a solution to ensure customers achieve long-terms results. Our eProcurement center of excellence team ensures a seamless and successful implementation.
Two of our main eProcurement solutions include: iBuyEfficient and BirchStreet Systems.
Simplify your purchasing through Avendra’s cloud-based eProcurement platform. iBuyEfficient (iBE) provides a user-friendly, streamlined approach to purchase order and receiving capabilities. Avendra’s platform provides additional controls, operational efficiency and process improvement opportunities.
Our proprietary Purchase Order (PO) technology is integrated with Avendra’s key contracted suppliers, allowing you to manage 100% of your controllable expenses and track performance against your budget.
With iBE, you can:
Manage PO and Invoice Approvals
Monitor orders and set up PO and/or invoice approvals. This can be based on your desired hierarchy or mirror your current process. Elect to receive email notifications to track PO status changes.
Assign users distinctive spending limits and provide access to available budget balance empowering buyers to make wise purchasing decisions and prevent rogue spending.
Maintain an Online Checkbook
iBE automatically deducts spend from the checkbook as PO’s are approved and received, allowing all buyers and approvers to share and access the same information in real time.
Access Unparalleled User Support
Comprehensive initial training and ongoing support provided by Avendra’s implementation and customer support teams
Integrate with Third-Party Accounts Payable Systems
If desired, you can also electronically reconcile invoices and transmit invoice data into an account payable solution.
Are you looking for even more advanced capabilities?
Avendra also works with BirchStreet Systems to provide a centralized, online approach to managing a wide range of purchasing tasks and activities. Embedding your business processes into BirchStreet’s technology solution can help drive compliance and improve your profitable growth.
In addition to providing the same benefits of iBuyEfficient, you can also:
Manage Receipts including corporate and local to better understand the impact of changes in ingredient costs.
Access a Full Suite of Inventory Management Capabilities for Food, Non-Food and Alcohol Beverage Controls
Manage Capital Projects
Employ a Full Offering of Automated Invoice Processes including 3-way matching and invoice exception processing.
In addition to the industry leading procure to pay capabilities of the BirchStreet system, Avendra/BirchStreet customers also enjoy full supplier support – Avendra suppliers are integrated with BirchStreet, providing a comprehensive solution.
If you are seeking a procurement partner that is not only an extended part of your procurement team, but also offers a technology solution to improve operational performance and impact bottom-line results, look no further than Avendra, North America’s leading hospitality procurement services provider.