GeneralEverything you should know about the mobile procurement platform

Everything you should know about the mobile procurement platform

Introduction

Could you soon have the physical power to shape the procurement industry’s future?Today’s increasingly paperless offices are a result of the need for more efficiency, maximum return on investment (ROI), and complete flexibility. This has also led to a massive movement toward digital, cloud-driven processes across markets and sectors. Although some people may still view procurement as stuck in the past, the reality is that professionals in this field are actively searching for and utilizing mobile procurement solutions as part of a complete digital transformation of what was once a purely pen, paper, and footwork profession.

The Revolution in Mobile Procurement

Mobile procurement platform, which combines a multitude of mobile devices to make the whole procure-to-pay (P2P) process more transparent, efficient, and accessible, is radically changing everything from supply chain management to contract administration and purchase order processing. Essentially, it combines the flexibility of mobile access with the enhanced automation, improved processes, and strong data management capabilities of an extended or current enterprise resource planning (ERP) system. For those who are directly or indirectly engaged in procurement, it works well in tandem with other centralized software solutions (like Customer Relationship Management, or CRM) to provide a completely functional process.

  • The term “mobile” in “mobile procurement” refers to devices that run cloud-based mobile apps, such as tablets, smartphones, and next-generation wearables. End users have two options for accessing your system: they may log in remotely over the mobile Web or utilize a customized mobile application designed for Apple and Android environments.
  • Mobile procurement provides procurement teams with real-time access to ordering, approvals, reviews, and analysis from almost anywhere, at any time, enabling them to make educated choices. This is achieved by centralizing document libraries, data management, and data analysis while releasing stakeholders from conventional constraints.
  • Mobile procurement technology, which combines a multitude of mobile devices to make the entire procure-to-pay process more transparent, efficient, and accessible, is radically changing everything from supply chain management to contract management, detailed analytics, and purchase order processing.
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Advantages of Procurement via Mobile

Moving to mobile technology improves the workflow of your procurement staff in a number of ways.

  • An Improved Technology Toolbox
  • Complementary technologies that come with a mobile app improve the core technologies of current procurement solutions, which are mostly automation and artificial intelligence.
  • It is feasible to monitor and confirm the submission, approval, and fulfillment dates and locations of purchase orders via the use of global positioning system (GPS) tracking. Additionally, it may provide an additional degree of protection by restricting orders, approvals, or modifications to certain locations based on location.
  • Push Notifications assist in minimizing, if not completely eliminating, purchase order processing delays. Users get rapid notifications of pending approvals and submissions, which significantly accelerates and improves the effectiveness of your P2P process. Additionally, push alerts guarantee that all parties involved are notified of any changes to an order’s status as it proceeds through the supply chain.
  • Adaptable (But Not Infinitely) Control over access is done at the software level. With the sole restriction being Internet connection, team members, management, and suppliers may all access the system from their laptops, tablets, smartphones, or other mobile devices. Account controls provide protection against unauthorized access while facilitating the simple use of data pertinent to each user’s function for management, analysis, and collaborative activities.
  • Mobile smartphones with built-in digital cameras make it simple to include data management tools like barcodes and QR codes into your procurement procedures and to give visual documentation. The final outcome? enhanced audit trail, more accountability, and fewer mistakes.
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Improvement of Business Processes Throughout the Board

  • When there are no more delays, more speed, and more accuracy, every procurement process is improved. You may generate, amend, approve, and monitor purchase orders on the spot with complete transparency and real-time updates using mobile devices. This reduces opportunity losses, rogue spending, and human mistake.
  • With built-in contract drafting tools and legal-provided boilerplate, contract administration and negotiation are made simpler with clear, rapid, and complete access to all pertinent data via mobile devices.
  • Strategic sourcing and supply chain management are both simpler and more value-driven thanks to consolidated data, which offers comprehensive context for expenditure analysis, vendor performance, and joint venture options.
  • Automation reduces formerly difficult and time-consuming procedures to one-click actions for local and mobile users across all procurement processes. Reducing human error means spending less time on low-level work and following up on exceptions, which frees up staff time for more strategic work and lessens the need for extra overhead from temporary employees.

Conclusion: Mobile Is The Way of Procurement’s Future

The one thing that never changes in the corporate world is esourcing. With the workplace increasingly characterized by shared resources rather than geography, centralized solutions are necessary to keep teams cohesive and moving in the same direction. Shrewd procurement experts will make sure their companies are prepared to connect, cooperate, and provide value for the business whether they are down the hall or in Timbuktu as mobile technologies advance.

 

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