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StandFore Brochure

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The Key is Flexibility. Core Features and Benefits.

Its new features automate procurement more than ever:
  • Eliminates paper based business documents
  • Reduces maverick spending by enforcing contract-based purchasing
  • Significantly reduces Purchase Order processing time from days or weeks to minutes
  • Eliminates the need for the buyer's resources to load and manage catalogs and price files
  • Allows configurable notifications at any stage or state
  • Easily integrate transactions into existing ERP or accounting systems
  • Provides standardized reports by multitude of parameters
StandFore Procurement is a solution that communicates evenly with any e-business system solutions like ERP, CRM, accounting system, etc. It can be deployed alone or as a part of your industry solution and can be easily integrated with your home-industry systems.
Vital capabilities of StandFore Procurement include:

Flexible workflow management

Although a most common documents set is provided by default, it can be flexibly rearranged, skipping unnecessary stages and documents. By your request further modifications will be made to synchronize your business processes with the system. StandFore flexibility indeed makes it a standard yet individual procurement solution.

Spending control

The StandFore Procurement provides an opportunity for reducing supplier cost. By providing a possibility to assign approval rules both on a document and document states levels it increases overall cost consciousness of department managers with project budget responsibility and employees in general by having responsibility assigned from the time of pledge. Your organization will enjoy faster delivery due to quicker approvals and efficient order processing.

Paperless purchasing

Having on-line access to item catalogs clients can order directly from supplier, use real time overview of delivery schedule, prices and other terms using only Internet browser. Elimination of paper-based documents dramatically reduces transactions time and cost and allows purchasing staff to spend more time on value-adding activities.

Automatic notifications on important events

The StandFore Procurement provides automatic notification option about important events such as when users need to approve documents or move them to a new stage. Avoid delays due to lost paperwork, missed schedule or lack of coordination between departments, setting e-mail notifications at vital points.

Advanced reporting for detailed analysis

The best way to understand the effectiveness of an automated procurement system is to study detailed reports and make adjustments to a process. With advanced reporting capabilities of StandFore companies receive detailed information on purchasing activity. Managers may analyze progress and measure procurement performance against estimates or deadlines. All these powerful capabilities combine to advance procurement initiatives, lower costs and accelerate ROI.

Accounts receivable integration

Incorporate the entire payment process (including automatic payment of approved invoices) into your procurement system. Invoices are matched to correspondent Purchase Orders, and are further enhanced by receipt notes, so you don’t have to pay for items of bad quality or missing ones, that were included into invoice. A crediting option is provided for suppliers allowing for deferred payments or late discounts.

Transaction costs reduction

StandFore is a pivotal tool for reducing time spent requesting goods, obtaining approvals, handling deliveries, processing orders and payments. It enables employees to make better and faster purchase decisions and equips them with an instrument for tracking the order progress.

All these powerful capabilities combine to advance automate procurement procedures, lower costs and accelerate ROI.