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Digital
eProcurement Solution
Europe's leading enterprise class Source-to-Pay solution comes to
the mid-market.
For the past 10 years Wax Digital has been supplying Source-to-Pay
solutions to large multinational companies - in fact some of the
world's leading organisations are powering business-critical
purchasing and spend management processes with Wax Digital.
Wax Digital's Enterprise Business Suite is designed to streamline
procurement activity across mid to large organisations by delivering
vital control over spending. It gives instant cost-based information
and automates a typically paper-intensive and inefficient business
process.
Wax Source-to-Pay solutions are web-based applications that provide
businesses with the ability to improve purchasing, transactions
efficiency, as well as eradicate waste throughout the procurement
process.
With an easy-to-use interface, Wax Digital empowers individuals to
buy what they need to perform their role within corporate guidelines
and with full accountability. Wax Digital enables good corporate
governance and delivers real cost savings in the procurement
function.
The procurement function is empowered with tools that allow powerful
sourcing of goods & services, automated workflow and authorisation
of requisitions and orders, receipting, invoice registration and
matching, internal supplies and stores management, full visibility
of the cost pipeline and automated commitment accounting support.
Whilst Wax Digital's powerful analysis capabilities, provides
businesses with the confidence to turn data into powerful
information that can be sliced and diced to support business
decisions.
Wax Digital Source-to-Pay benefits:
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Web-based means rapid deployment - no IT overhead |
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Customised to meet each client's specific needs |
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Seamless integration with existing ERP systems |
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Easy-to-use software - no need for training |
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Powerful analysis capabilities turns data into valuable business
intelligence |
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Powerful central administration of users, rights and rules |
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Measurable cost savings
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The sooner Wax Source-to-Pay solutions are deployed, the quicker
businesses can start controlling their corporate spend.
Wax Digital Solutions
eProcurement
Wax Digital's powerful Purchase-to-Pay solution delivers a world
class on-demand solution for Procurement. Designed specifically to
meet the needs of businesses, Wax Digital eProcurement is an
easy-to-use solution that doesn't require the need for training. Wax
Purchase-to-Pay is a scalable solution and can be customised to meet
each businesses bespoke needs.
The Purchase-to-Pay platform equips businesses with an online
wizard, to help guide buyers through the process steps, so even the
most inexperienced users can use the system.
Businesses can also use the Wax Purchase-to-Pay application to
improve their catalogue data and order/invoice management processes,
as suppliers and businesses can engage with one another through the
solution.
The administration settings enable the business to manage access and
user rights, as well as create a customised user interface for all
buyers, suppliers and other users.
Wax Purchase-to-Pay offers businesses a cost-effective web-based
solution that can deliver maximum return on investment to the
procurement process.
eSourcing
Wax Digital eSourcing is a complete solution that enables businesses
to manage the entire sourcing life-cycle from RFX to contract
management. Wax eSourcing gives businesses the ability to streamline
buying processes and drive significant bottom line cost savings.
An easy-to-use application, Wax eSourcing provides businesses with
the platform to create and manage negotiations, both for buyers and
suppliers that are on the receiving end of the process.
eSourcing offers businesses a single purchasing environment to help
seamlessly manage data such as supplier records, product catalogues
and contracts - resulting in reduced maintenance and management
overhead that exists when records are kept on multiple systems.
Offered as either a managed service or self-service platform,
Electronic Sourcing provides buyers with a class-leading tool set
for producing an unlimited number of tenders and auctions annually.
Reverse Auction
Apart of the eSourcing module, Wax Digital Reverse Auction solution
enables businesses to get the best value out of their suppliers
whilst helping to drive down procurement costs.
Reverse Auction's managed service enables businesses with minimum
resources to still benefit from the advantages of this solution.
Working alongside expert consultants, Sapphire and Wax Digital will
help to identify appropriate spend categories, qualify and engage
with suppliers - ultimately running the events with you.
Wax Digital delivers a solution for buyers to ensure the best
possible value from the supply chain, driving competitive behaviour
through real-time online negotiations.
Spend Management
WAX Digital Spend Management solution gives businesses the ability
to analyse and improve their spending. Offering users a compliance
dash-board KPI metrics, Wax Spend Management delivers powerful
analysis capabilities.
Spend Management resolves the issue of data held in multiply
locations and formats that make formulating a clear picture of
enterprise spend a difficult and time consuming exercise.
The solution provides businesses with the ability to combine service
and technology to help transform data into useful and structured
spend intelligence to drive bottom line savings.
Contract Management
Wax Digital Contract Management solution provides businesses with
the power to have complete control over any type of contract or
business agreement - automating the entire contract life cycle.
Contract Management enables buyers and suppliers to collaborate on
documents, leading to consistent, easy to reference documents that
deliver complete visibility across the entire business.
Wax Digital's ability to integrate with other modules in the
eProcurement solution means that Contract Management is the
foundation to fully automate supplier performance whilst enabling
procurement professionals to identify and monitor any deviations to
supplier contract terms.
Systems Integration
Wax Digital can be seamlessly integrated with most major business
solutions, so whether a business is using SAP or Microsoft, the
out-of-the-box adapter means that there will be no problems trying
to configure information.
Systems Integration is a fast-tracking robust solution that gives
any unfamiliar or customised application the ability to link to Wax
Source-to-Pay solutions.
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