Who’s buying what?

Operational inefficiencies are a blight on business, yet largely avoidable with some straightforward technical interventions.

The procurement process is a business function that can lead to huge amounts of waste. A key question is: Do you know who is ordering what within your organisation and for how much?

Let’s get straight to the point: Zahara makes it possible to transform procurement processes and give your organisation a serious competitive advantage on many levels. It eliminates common issues that cost money in the buying process. With Zahara, you will avoid many common errors:

• Over ordering – with insight into the peaks and troughs of expenditure.
• Duplication of orders – with a system that monitors purchases and flags up where duplications occur.
• Paying more than necessary – with a system secured by checks and approvals to avoid payment errors.
• Delays in order processing – with prescribed, automated workflows.
• Losing control of purchases at the local site and branch level – with rigorous buying protocols in place.
• Surprise increases in expenditure – when you have an up-to-the-minute view of operational spending, with controls to avoid budget overspend.
• Unauthorised expenditure – by putting controls in place to grant purchasing powers to authorised personnel only.
• Using unapproved suppliers – they cannot be sent a purchase order if they are not on the system.
• Manual processes—Automated workflows replace outdated human processing with checks in place to take control of the entire buying function.

What could this mean for your business?

As well as adding a considerable sum to your bottom line – a typical business can expect to save 5% of their operational expenditure, worth thousands in extra profits – you will also benefit from: –

• A closer insight on operations and the financial health of the business across all divisions, locations and outlets.
• Top level, real time reporting for CFO’s, at the office, or on the go.
• An analysis of buying habits – habits aren’t always good for business.
• Financial discipline that will create a less wasteful culture.
• Reduction in waste and all the costs associated with waste.
• Elimination of human error, by automating processes.
• Eradication of the costly burden of hidden fees such as late payment charges.
• Maximising savings via early payment discounts received by speeding up your AP processes through to payment.
• Closer management of cash flow for better financial reporting.
• Improved productivity using an automated purchase-to-payment process.

Multiple retailers, construction companies, care providers and leisure organisations are using Zahara to gain all of these advantages.

Implementation isn’t a barrier either, as we can prove with our free trial to get you started.

So, if you’re looking to instil much-needed financial discipline across purchase requisition, invoice processing and making secure, automated payments, it would make sense to have a conversation.