Smarter Purchasing - A Better Way to Buy

Slides:



Advertisements
Similar presentations
Copyright © 2005 – Clickshare Service Corp. All rights reserved. Payment Aggregation & Affinity Management Clickshare for the Media Industry For more information.
Advertisements

PURCHASING ACCOUNTS PAYABLE & CREDIT CARDS. RMIT University©2009 Financial Services / Fin. Operations / Purchasing & AP 2 Purchasing Vendors Purchase.
AN OVERVIEW OF THE UNIVERSITY PROCUREMENT STRATEGY Keith Mason Deputy Director of Estate Management (Purchasing)
Office of the Vice President for Finance Massachusetts Institute of Technology Procurement at MIT Procurement Training.
EProcurement at the University of Pennsylvania SciQuest “Find, Buy & Manage” Seminar Princeton, New Jersey October 23, 2003.
ISupplier eInvoicing solution, user guide delivering the benefits.
Chris Melville December Agresso System Users.
Copyright© Operational Services Division All Rights Reserved Massachusetts Association of School Business Officials December 10, 2013.
School of Earth & Environment FACULTY OF ENVIRONMENT Faculty Purchasing Office Introduction What we do Provide a service for any queries relating to purchasing.
NHSBT Purchase to Pay Improvement Plan NHSBT Finance Operations Team.
BobcatBUY Frequently Asked Questions Procure to Pay Services Updated 2/1/2012 Table of Contents.
th Annual PABUG Conference Driving Revenue and Efficiency Through Automated Procure to Pay Stephen G. Mack, CPSM, C.P.M. Associate Vice President.
Key Messages…. Purchase to Pay Process Login Assistance Feature The relevance of using Oracle iProcurement What is the difference between a catalogue and.
PROCUREMENT OF GOODS AND SERVICES USING AGRESSO Niall Dixon, IT Training Manager Information Services.
Accounts Payable + The Decision Making Process. Background-LexisNexis® Global Brand LexisNexis® is a leading global provider of business information solutions.
Avoiding Unauthorized Purchases An unauthorized purchase is a purchase committing agency funds without prior approval. Training provided by Texas Juvenile.
UCONN PAYMENT STORE OFFICE OF THE BURSAR. WHAT IS A UCONN PAYMENT STORE? A new payment option for smaller departments to accept credit card payments online.
Interest Rates Interest Rates. What is credit? Credit is about borrowing – owing money to others for a period of time.
PROCUREMENT 101 Texas Woman’s University. Procurement Process Overview Department determines need and where to purchase Requisition created Requisition.
Efficient & Streamlined Processes Using EE Accounts Payable Presented By: Andrew J Vitullo, CPA Partner, Logan Consulting 1.
Source-to-Pay (S2P) Initiative Coupa Supplier Network Training
Selling to City of Thunder Bay
Agenda Road to Success Go-Live About Rowdy Exchange
Chris Melville December 2013
Food Suppliers Implementation of EDI &PAV March 2010
Jane Ivey Accountant Marion Spearman Business Manager
Specialty Forms Webinar
Why use Marketplace to Achieve Greater Control & Efficiency
Sample Mini-Case Review
Financial Documents Bank Statement Purchase Order Credit Note
Accounts payable & travel
Unit 2 Financial & Management Accounting
Demo for Northern Powergrid
Intercompany Project Time and Expenses Scenario Overview
Department of Housing & Residential Life
and Contract Management
Presentation template
Taxability of Relocation Expenses
1.1 Financial Records BST.
Finance.
Buy A&M Receiving Training
Procure to Pay Project EUAT Confirming Meeting May 30, 2018
UCC Finance Management System
Welcome to the Accounts Payable Invoice Processing Course
Ch. 15: Accounting for Purchases and Cash Payments
Product Catalog Management Scenario Overview
Royal Mail Group: Publishing Volume Commitment Incentive.
Buy A&M Receiving Training
Sample Mini-Case Review
Leveraging Payment Request - Empowering End Users
Accommodation, Finance & Transport
Royal Mail Group: Publishing Volume Commitment Incentive.
Selling ERP The “BACK OFFICE”
Purchasing Training January 2011.
Royal Mail Group: Testing and Innovation Incentive.
Royal Mail Group: Business Mail Testing and Innovation Incentive.
Sample Mini-Case Review
Work Records.
Royal Mail Group: Testing and Innovation Incentive.
Sample Mini-Case Review
Procurement Card Overview
Leveraging Payment Request - Empowering End Users
KidSport - How to guide Online Application Form
Royal Mail Group: Publishing Volume Commitment Incentive.
Marketplace FAQs Treasury 5/1/2019.
Colorado School of Mines
STANDARD ACCOUNT: SOLUTION QUICK GUIDE
EDBUY and procurement audit
Buying from Contracts UW Procurement Services – webcast training series 10/2/2019 John whitney, heather Nicholson, Lynn Magill & Tricia Olsen Demarest.
Changing and Closing a BPO
Presentation transcript:

Smarter Purchasing - A Better Way to Buy

What is Smarter Purchasing Electronic ordering system allowing everyone to buy goods and services Catalogue and non catalogue buying Orders will be approved electronically Goods will be receipted directly by goods inward staff Invoices will be received centrally by Accounts Payable and will not require further approval where they agree to the order and goods are received

Why are we doing it Simplicity and efficiency: to ensure that our purchasing process is simple and efficient to use for everyone right from placing orders to paying for goods Better decisions: the right people in Departments are making the right decisions on what to buy at the order stage as this is when the University commits to purchase a good or service Better buying: Smarter Purchasing will allow price comparisons to be performed on good/ services supplied by 60 + suppliers to ensure what we buy meets our needs and is the best value for money Improving supplier relations and terms: currently, many suppliers are paid late which has a negative impact on our relationship and our ability to negotiate better prices with them. Smarter purchasing will allow suppliers to be paid on time and put us in a much stronger position to drive the costs of purchases down

What are we not changing Please still use Purchase Cards for: low value, high volume purchases that are not on our catalogue http://www2.le.ac.uk/offices/finance/smarter-purchasing/questions... one time suppliers as this is cheaper and more efficient see your Departmental Purchasing Expert for these type of purchases Departments can still not pay a supplier if goods/ services are not right but you must tell us via your Department Purchasing Expert Where an invoice price differs to the order the department will make the decision on whether to pay it Safety products still need a safety approval

https://connect.le.ac.uk/sp_order/ Ordering demo https://connect.le.ac.uk/sp_order/

Questions on ordering

https://connect.le.ac.uk/sp_approval/ Approval demo https://connect.le.ac.uk/sp_approval/

Questions on approvals

Resources to get up to speed with the system Training sessions starting w/c 17 Feb 2014 User guides available via website to support all stages System Demos Website Departmental Contacts Department People Chemistry Phil Acton, Sara Mounteney and Chris Goddard III Rebecca Draper and Sushila Rambhai Biochemistry Barbara Birch CPP Karen Monger and Amanda Fisher ITS Wendy Ferguson and Avril Vilcins Central Richard Griffiths, Jon Gunnell, Zoe Chandler and Emily Ledson

Launch date 3 March 2014