What Does Digital Purchasing Contain?

With today's technology, it's possible to track spending, data, anything digital. It becomes possible to analyze everything else by establishing a database not only numerical data but also based on the information obtained.

Although Turkey is slightly behind the European countries in the digitalization process, the technology companies that are pioneers of digital transformation are speeding up this process.

Digital applications are crucial in this process, considering the purchasing and procurement process as a whole.

The software we use determines a holistic approach. Thanks to these technological systems, even purchases from suppliers or purchasing managers complete orders.

E-procurement basically describes the digital purchasing itself. Digital is needed to ensure day-to-day business follow-up and visibility, increase productivity and make the materials needed easier.

A survey of more than 200 respondents across 20 countries shows that: the digitalization rate is rising in companies. We are seeing an increase in the use of digital in the strategic steps of the procurement processes and the implementation of technological solutions. The survey also revealed that there is a trend towards not only specific technology but also different technological opportunities.

The most frequent use cases are:

• Dynamic tables of performance indicators

• Automatic data cleaning processes,

• Graph and visualize spending data,

• It suggests a 360-degree vision,

• Automation of all payment and after-sales processes,

• Automation systems for matters such as re-entry-approval-cancelation,

• Real-time order tracking,

• Web-based access and cloud-based systems

• Evaluating the suppliers,

• Digital procurement is used for many functions, including automatic order creation, request approval, and authorization.

What Conveniences Does Digital Purchasing Provide?

The most obvious convenience of digital purchasing is automated systems. When manual transactions are no longer complete, the system advances more systematically.

• Helps speed up supply conversions.

• Ideal for capturing and discovering new things.

• Facilitates efforts to reduce costs.

• With the collection of data on a single screen, procurement managers can identify and build a strategy around what increases costs.

• It makes everyday activities simpler.

Cost control and audit systems help you make more accurate decisions regarding the cost status. Cloud-based systems give you access to your data from anywhere. So you can easily access your data from anywhere on the internet. Software that’s easy to track your progress will save you money.

Negotiations with suppliers can be tough. You become the strong partner when negotiating with digital purchasing. You can easily see the best deal received via the system and choose the most suitable supplier.

A single piece of software can manage your demands, offers, orders, deliveries, and storage and enable you to work more in coordination.

Keep your supplier list, material card and projects up to date. You can create as many orders and offers as you like without being limited to paper documents. You can boundaries away and keep your data safe.

With the authorization system, everyone in your unit can perform transactions within their authorization limits and own their screens. SmartProcure delivers in one software for you.

With SmartProcure, you can optimize your purchasing and procurement processes. You can opt for rent or for sale. You can also achieve the speed of digital transformation in supply.