SupplyOn AG
SupplyOn optimizes the purchasing of services and indirect materials with new functions
SupplyOn optimizes the purchasing of services and indirect materials with new functions Hallbergmoos, 14 May 2014 – SupplyOn, the supply chain collaboration platform for global manufacturing companies, presents an improved purchasing solution which makes it possible to further optimize the procurement of services as well as indirect materials and thus achieve additional savings. SupplyOn’s purchase-to-pay solution was expanded for this purpose and now offers numerous innovative new functions. These include the collaborative approval of quantities and materials as well as the entry of services performed which allows the services provided to be documented and billed transparently. “In recent years, numerous enterprises in the manufacturing industry have focused on optimizing their global procurement of direct materials. These processes were to a large degree standardized, achieving extensive possibilities for reducing costs,” said Dr. Stefan Brandner, executive board member of SupplyOn AG. “Within the market, we have once again noticed growing interest in optimizing the purchasing of indirect materials and, in particular, the procurement of services. The new functions are designed to achieve this. The improved solution closes a functional gap in the market and allows the efficient handling of the purchase-to-pay process – both for direct and indirect materials – via one central system. As a result, the purchasing of services in particular can be professionalized on a group-wide basis. This helps our customers to take advantage of the huge potential for savings in the indirect sector too.” The facility to integrate suppliers into the electronic process via e-mail allows even those business partners with whom orders are only placed on a sporadic basis to be incorporated into the process without registering. Consequently, process support involving both strategic and non-strategic suppliers can be provided for direct and indirect materials via one standardized, central system. SupplyOn takes up where internal ERP systems leave off, and extends internal business processes seamlessly beyond company borders. The solutions are provided as Software as a Service and aligned with the process requirements of the manufacturing industry. They encompass cross-company processes in supply chain management, supplier risk and performance management, strategic and operational procurement as well as in quality and transport management. SupplyOn has established a network of companies in the manufacturing industry – with a focus on automotive, aerospace, railway and transport, machine engineering and plant construction, as well as high-tech and electronics – that connects some 11,000 companies in 70 countries. Among its customers are Airbus Group, BMW Group, BorgWarner, Bosch, Continental, DEUTZ, ITT, Kautex Textron, Liebherr, Safran, Schaeffler, Schindler, Siemens, Thales, Yazaki and ZF. SupplyOn AG posted revenue of 34 million euros with 140 employees in fiscal year 2013. Contact person: End of Media Release Issuer: SupplyOn AG Key word(s): Information technology 14.05.2014 Dissemination of a Press Release, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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