Software for procurement

Procurement refers to all activities that serve to supply the company with goods and services in a needs-based and economical manner. Traditional manual procurement, including the associated sub-processes, causes a lack of transparency and control as well as many error-prone areas. These can represent great optimization potential for companies. There are numerous energy and concentration-sapping activities that purchasing software can relieve dispatchers of in procurement management. REMIRA's supporting tools allow them to concentrate on value-adding tasks and increase the efficiency of your company throughout the procurement process.

What does procurement software do?

The software makes purchasing easier in that it compares suppliers, for example, and automatically provides you with optimized order proposals that tailor the quantities to the company and combine different strategies to ensure the best possible and most economical supply. This saves costs and several steps in the purchasing process and allows your planners to concentrate on value-adding activities. Keeping stock at an appropriate level is not always easy. Minimized storage costs without out-of-stock situations are the goal and this is exactly what a procurement management tool enables you to achieve. Such software is AI-supported and collects data from previous orders, among other things. Corresponding solutions enable you to create efficient analyses and transparency around the order. Your procurement software is connected to your existing ERP system via an interface to enable smooth data exchange, thereby further optimizing the procurement process and ensuring a seamless workflow.

A company needs procurement software to manage the purchasing business process almost completely automatically and digitally. Employees no longer have to deal with long, confusing Excel spreadsheets about stocks or paper documents. The software's precise planning and sales forecasts also support the procurement process. This means that instead of simply reacting, planners can actively act on the basis of forecasts. This allows you to plan your budget strategically and reliably without the need for many different tools. The new software collects everything on a central platform. Whether operational purchasing or completely strategic procurement - the software ensures that you can manage all aspects of your company's purchasing centrally, time-efficiently and cost-effectively. In this way, the existing optimization potential is fully exploited.

In addition to efficiency and centralized management, companies of all sizes can benefit from reduced error rates and increased transparency. Whether you are a start-up, medium-sized or large company, a state institution or a company in the private sector, procurement software supports and optimizes processes along the entire supply chain.

The purchasing software includes numerous important functions, including the ability to make decisions about the future stock situation based on AI-based forecasts. This distinguishes procurement systems significantly from ERP systems. In addition, procurement software can compare different components, such as relevant offers, services or even suppliers. The software also allows you to determine which suppliers you prefer, for example, or which criteria you use to evaluate them and provides you with suggestions based on this. For automated processes, you create conditions or requirements that the system checks with regard to certain events so that you only have to intervene and make a final decision if necessary (management by exception).