Efficiency and visibility are two of the main priorities for Procurement teams. Our Marketplace software gives them choice while helping them remain in control of their spending. Whether your organisation is within the NHS, higher education, local government or the private sector, we have a solution that is simple to use, implement and manage.
Understanding key issues
High levels of maverick spend
With organisations growing in size and complexity, it is difficult to prevent rogue spending.
There is a need to do more with less, and Procurement teams struggle to find the time to be strategic.
Lack of control
The current methods used for procurement, such as credit cards, take control away from Procurement teams.
Lack of visibility
With strict budgets, teams need the ability to understand (in real-time) how money is being spent across the organisation.
Poor communication levels with suppliers
Maintaining relationships and ensuring organisations are getting the best prices – and from a larger pool of suppliers – is increasingly difficult.
If procurement teams are unable to understand where their organisation is sourcing items from, it is harder to meet sector-specific initiatives, such as increasing the use of local suppliers.
FEATURES & BENEFITS
How our Marketplace software can help you
Ease of use
Our Cloud Marketplace is designed to feel familiar. It will adapt to procurement teams’ buying habits, ensuring they can complete orders faster than ever before.
Simple user interface
Cloud Marketplace is no different to any other online retail environment, meaning users feel comfortable and confident.
Intuitive search engine
Our search functionality is highly flexible and can be filtered in several ways, to ensure users find the right products.
Quick to implement
As the Cloud Marketplace is accessed via a web browser, implementation is fast and simple.
The time from order to invoice is significantly reduced as the whole process is automated, meaning suppliers get paid quicker.
Extensive supplier community
The Cloud Marketplace's supplier community means that organisations are ready to make savings – while providing choice within a controlled environment.
Over 28,000,000 products
Our marketplace comes with an extensive portfolio of suppliers already loaded into the system, meaning organisations can make savings sooner.
We have punchouts to some of the biggest names, such as Dell and Blackwell's, to ensure organisations get the specific products they need – all through an automated service.
Our supplier capability does not stop with our initial supplier base. As the supplier network is extensible, procurement teams can invite suppliers to join Cloud Marketplace. It means they can get the products they want, from the suppliers they choose.
With Cloud Marketplace, your suppliers get paid quicker, improving supplier relationships.
Efficiency, security and control
Having control across spending is critical to Procurement teams, as it ensures they can manage all parts of the sourcing process. We provide this by also empowering buyers to feel as if they are in control of their process.
We ensure users only see the suppliers that organisations want them to purchase from, so procurement teams can get the maximum use out of supplier contracts at agreed prices.
Reduce maverick spend
With increased control on where users can make purchases, organisations will significantly reduce maverick spend.
Choice within a controlled environment
The controlled choice within the system helps empower users to take control of the purchasing process.
As Cloud Marketplace is hosted with Amazon Web Services (AWS) there is no need for on-site servers, improving disaster recovery standards for users.
Reports and dashboards
Procurement teams benefit from first-class reporting with simple to run and view dashboards. This helps them easily track, monitor and control the sourcing process – in turn helping them make more informed choices.
Having the ability to see who is spending what and where, gives Procurement teams greater visibility to drive efficiencies.
Better procurement outcomes
With a greater understanding of spending, organisations are able to make more informed and educated decisions.
Know exactly which products users are buying, confident that all products purchased are approved by procurement teams.
Dedicated Support Team
24hr Customer Portal
Regular Product Updates
97% Project Delivery Score
“The eMarketplace is a key component of the university’s spend management processes. It brings efficiency and control to procurement, while providing the visibility to ensure that every pound spent delivers value for money.”
Tim Brannon, Head of Procurement
"The implementation of the solution has given our users an ease of online purchasing with set prices, rich catalogue data and selected suppliers – resulting in a friendly, low-cost marketplace."
John Feraday, Head of ProcurementRead the casestudy
"Introducing Cloud Marketplace has significantly reduced the transactional costs of ordering and paying invoices for items procured through the system."
Ian Jarvey, Deputy Head of ProcurementRead the casestudy
Explore our range of additional Spend Management solutions
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Spend Analytics Software
Providing control over procurement data, providing insight into how procurement teams can make more informed choices.Learn More
Manage contract deadlines, service-level agreements and contract usage levels with our simple and easy to use solution.Learn more
Find out how much procurement teams could save with our Cloud Marketplace.Product Brief
An overview of our complete Spend Management offering, from Cloud Marketplace to Spend Analytics.Brochure
An in-depth overview of our comprehensive Cloud Marketplace and its functionality.Factsheet