PurchaseSoft drives down procurement costs with a practical,
reliable solution for companywide purchasing efficiency.
PurchaseSoft began operations as a management consulting
firm in 1977, specializing in "best practices"
for purchasing and materials management. In 1987, the
company developed its first purchasing system in response
to customer feedback and purchasing needs.
In 1999, PurchaseSoft introduced PurchaseSmart, a Web-based
procurement solution based on Java and HTML technologies.
A large percentage of your company's cost of sales consists
of the cost of purchasing materials and services. Many
companies are looking to procurement systems to increase
their sourcing effectiveness and drive down costs.
However, if you're investing in a procurement solution
to generate savings from process improvement, you are
only providing your organization with a partial solution.
Because when the goals of streamlining your ordering
process are largely realized through automating your
system, your residual savings will be limited to those
For your company to realize significant ongoing savings,
you need a procurement system that also supports strategic
sourcing is a complete, systematic approach to analyzing
and managing your entire purchasing process. Most procurement
systems lack the flexibility or analytic capabilities
to provide the meaningful and detailed information procurement
managers need to source goods strategically.
PurchaseSoft supports strategic sourcing by providing
the analytical tools necessary to assess buyer or supplier
performance and activities, ensuring they are consistent
with your company's business practices and goals. In
addition, you can view analytical data in real time,
as opposed to viewing reports generated from data that
is weeks--or even months--old.
The benefits to your company extend well beyond process
improvements, empowering your employees to buy more
strategically and delivering both an immediate and ongoing
return on your investment.