Gain cost savings with innovation and automation in procurement
Did you know?
Consumer Packaged Goods companies must manage pricing pressures and shifting consumer preferences amid the uncertainty caused by tariffs and trade wars. To meet these significant challenges, the CPG industry needs to innovate rapidly to meet consumer demands and continue to comply with government requirements, all while containing costs.
Automation and accuracy in payment processes provide necessary leeway by reducing complexity and enabling insight into spend. Increased process efficiencies mean that extra costs are not passed onto consumers.
BuyerQuest solves CPG procurement problems
Speed up the time it takes to process an invoice while reducing the overall entry errors. BuyerQuest provides automated support for validating, matching, and approving invoices directly in the platform. Up-to-date Accounts Payable processes reduce errors and increase efficiency with automated payment options.
The BuyerQuest Marketplace enables CPG organizations to direct their users to the purchase of sustainable products. Analytics provide the means to track sustainable spend for effective communication of environmental impact statements to customers.
Business intelligence is integrated into the BuyerQuest platform and provides total spend management visibility with analytics and actionable insights. Powerful reporting and visualizations are strategic tools to leverage in future supplier contract negotiations.