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Features & Benefits

Features
 

Covendis Technologies developed the first, fully integrated, fully configurable software platform that combined the best principles from physical supply chain management with the unique processes of services procurement. Your company can streamline and automate all of the major steps in the services procurement management chain, including:

  • Pricing
  • Supplier Selection
  • Requisitioning and Workflow
  • Supplier Proposal Submission
  • Negotiations
  • Onboarding/Offboarding
  • Services Renewals/Change Orders
  • Time, Expense, Phase/Milestone Management
  • Billing and Invoicing Management
  • Real-Time Evaluation/Reporting

 

Covendis Services Procurement System enables your company to manage all of your services procurement categories from a single web browser. And because service categories vary widely with respect to requisition types, pricing, etc., company administrators are able to configure each service category for:

  • requisition types
  • requisition forms
  • pricing agreements
  • suppliers
  • workflow
By selecting Covendis Services Procurement, you can start managing a single services category, and continue to add services categories over time to maximize the benefits of services procurement automation.
 
 
Managed Services
 
In addition to technology hosting, some companies may wish to partially or completely outsource their services procurement processes. Covendis Technologies and its partners can offer services such as:
  • Centralized Requisition Desk
  • Supplier enablement
  • Strategic sourcing
  • Transaction processing
  • Consolidated invoicing and electronic funds transfer
  • Reporting and benchmarking
 
Benefits
 
The benefits of Covendis Services Procurement Management Solutions and Services include:
  • Monitoring
    • Know how much and how many, anytime and anywhere
    • Focus spending with strategic suppliers who will give you better service and pricing
    • Focus on measurement and planning
  • Time Saving
    • Eliminate paperwork
    • Eliminate phone tag
    • Eliminate reconciliation
  • Money Saving
    • Ensure best pricing
    • Automate volume discounts
    • Eliminate waste and mistakes