Wax Digital Spend Control 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:

The sooner Wax Source-to-Pay solutions are deployed, the quicker businesses can start controlling their corporate spend.

Client Testimonials

See more client testimonials at the Wax Digital microsite

County Durham & Darlington NHS Foundation Trust.

Wax Digital's web3 source-to-pay solution powers the entire source-to-pay cycle for a consortium of 10 NHS Trusts, Foundation Trusts, Primary Care Trusts and HM Prisons in the north east of England. -

Sue Jacques - Chief Operating Officer/Executive Director

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 navigate 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 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.

For more information, please contact us.