eProcurement
Guaranteed Savings from SpendInsight for full eProcurement (s2p)
cloudBuy Guarantees that a SpendInsight Spend Analysis will show significant potential savings, and provide the immediate savings to fund a full s2p(Source to Pay) eprocurement project. Typical savings over the whole s2p cycle are between 19 and 49% of spend.
Ecommerce background
cloudBuy arrived at eprocurement from ecommerce as opposed to almost all other providers who came from a purchasing system background.
This provides cloudBuy with a number of unique competitive advantages.
- Easy to use
- Correct prices
- Credit/Payment card Integration
- Security
- Scalability and Critical mass
- USP Easy to use system
- B2C ecommerce systems have to be usable with out training, where as most procurement systems are unusable with out training.
- USP Correct prices
eCommerce sites always have the correct prices including carriage, discounts etc. All catalogue based procurement system are unable to cope with carriage calculations, promotional discounts and sometimes even straight forward volume discounts.
USP Credit Card Integration
As far as we are aware cloudBuy is the only eProcurement system with connections into all major banks for credit card acceptance
USP Security
B2C ecommerce is not a trusted environment, eprocurement is normally a trusted environment and eprocurement processes often have flaws that were exploited at the start of B2C ecommerce. As far as we are aware cloudBuy is the only eprocurement system with PCI/DSS certification.
USP Scalability and Critical mass
cloudBuy passed the 1 million user mark back in January 2010, and has achieved critical mass. We believe this is more users than all other UK eprocurement systems added together, and probably the largest eprocurement system globally.
EDI (Electronic Data Interchange) and @Software PLC heritage
In addition cloudBuy has a strong track record in EDI , our original parent company @Software PLC wrote one of the top 10 EDI sites which was a shared system used by over 100 manufacturers to trade with all the major supermarkets. @Software PLC also wrote financial systems along with expert systems and computer aided application development for a blue chip client base.