• Strategic Procurement and Sourcing
• Procurement Strategy Development – A solution helps to develop robust strategies that include new features and tools for the aggregation of demand, analysis of series of products, category management and control of procurement.
• Expenditure Analysis – Formation of a transparent picture of costs and delivery data is provided by mapping functions and harmonization of information about products and suppliers, as well as opportunities for the distribution of this information in all internal systems, electronic catalogues and data warehouses.
• Sourcing – A solution helps minimize the risks associated with purchasing, allows to improve suppliers monitoring system and evaluate their effectiveness by means of organizing electronic auction and the competition with the ability to pre-select suppliers.
• Contract Management – A solution allows monitoring compliance with the terms and covenants and ensuring the sharing of existing contracts for certain categories of products within the enterprise.
• Catalogue Management – A solution provides functions for creating and managing a unified directory for e-commerce with means allowing importing data from external sources, recording successive schema and position indexes to speed up the search of required items.
• On-line Supplies
• Employees Self-service – A solution provides employees with opportunity to carry out the purchase of materials using tools, working through the Web-based interface, while ensuring compliance with corporate procurement policies.
• Supply Regulated by Planning – With the integration of procurement and different logistics management systems, a solution helps streamline and automate operations of procurement of materials used in the core business processes.
• Supply of Services – A solution provides reduction in administrative costs and processing costs associated with the acquisition of services, including consulting services and contract works.
• Cooperation with suppliers
• Vendor Registration – A solution provides buyers access to corporate information, run by suppliers and allows quickly make the best decisions regarding the selection of the source of supply.
• Joint Order Processing – A solution allows to optimize procurement process by providing suppliers access to internal systems for order management.
• Joint Development – A solution provides reduction in the product development cycle by providing various employees of partner companies the possibility of sharing relevant information about products and projects.
• The Joint Replenishment – A solution can optimize the performance of the logistics network performance by providing suppliers an access to data on stocks of a client which allows to maintain their desired level in a process of replenishment based on the processing of special situations.
• Interaction with Suppliers – A solution provides communication with the suppliers of all sizes and provides means for exchanging documents on the basis of XML technology.

By improving the effectiveness of supply chain and supplier relationship, Supplier Relationship Management solution offers significant commercial benefits in various areas of business:

• Enhanced sourcing strategy
• More rational and streamlined processes of interaction with suppliers
• Improved access to suppliers performance data
• Improving quality and reducing the risks of supply failures
• Reducing the time of supply
• Automation of long cycles for requests for proposal (RFP) and requests for quotations (RFQ)
• Accelerated implementation of procurement processes using on-line tools of work
• Rapid confirmation and responses from vendors
• Cost reduction by processes
• Reducing non-profitable one-time purchases
• Simplifying the system by consolidating the content
• Increased efficiency through automation of procurement
• Reduced costs for integration and communication.
• Reducing the cost of purchased goods
• Consolidation of needs for a number of business units
• Reduced cost for maintenance of a stock
• More attractive prices due to competitive bidding process.