ProcurementSys
ProcurementSys is an enterprise procurement management software platform designed to automate and optimize purchasing processes across an organization. It covers requisitioning, supplier management, contract management, sourcing, purchasing, receiving, invoicing, and spend analytics. The goal is to streamline procurement, improve compliance with policy, reduce cycle times, and provide visibility into spend.
Core features include a requisition workflow with multi-tier approvals, a supplier portal for onboarding and performance
Architecture and integration: typically cloud-based or on-premises, with modular architecture, API access, and connectors to ERP
Deployment and impact: organizations implement ProcurementSys to align procurement with corporate governance, enable supplier onboarding, manage