Xebia's Procurement 360 is a Solution Success Award Winner
Built on Appian technology, Procurement 360 transforms the procurement landscape by streamlining and integrating processes. This advanced solution empowers your organization to experience a significant transformation in managing purchasing requests, quotes, orders, and invoices. Procurement 360 offers a cohesive view that breaks down silos, ensuring processes are expedited and adoption is smooth, facilitated by the seamless integration of data across various processes and legacy systems.
Procurement 360 stands out for its rich features, agility, and scalability, making it the go-to solution for overcoming procurement challenges. Utilizing Appian's low-code capabilities, organizations can tailor and configure Procurement 360 to meet their unique needs, resulting in quicker deployment and greater flexibility to respond to evolving business requirements.
As a comprehensive procurement platform, Procurement 360 delivers complete transparency and control to businesses of all sizes across different sectors. It boosts efficiency, cuts costs, enhances supplier partnerships, fosters data-driven decisions, ensures regulatory compliance, and promotes scalable growth.
Appian has presented Xebia's Procurement 360 with multiple awards, including an Appian Solution Success award, which is given to the best of the best partner solutions on the Appian AppMarket.
Key Functionalities
Manage Suppliers
- Onboard suppliers with their crucial information and documents with the dynamic onboarding process.
- Keep track of your suppliers, risk assessment, performance evaluation, contracts, purchase orders, and invoices.
- Manage supplier contracts with the capability to sign contracts digitally within procurement solution through integration with DocuSign.
Purchase Requests & Purchase Orders
- Capability to initiate procurement requests with dynamic approvals based on user role and department.
- Generate Purchase Orders directly from the system with all key payment terms and milestones.
- Track and ensure relevant controls for each PO related to budgets for the respective department/project/chart of account, etc.
Tailor it to Work the way You Want
- Easily set up organization hierarchy (roles, levels, departments, etc.).
- Configurable chart of accounts (or categories) and cost centers (or department/project).
- Easily configure workflows for purchase requests, supplier onboarding, PO, payments, etc.
- Configure supplier onboarding process, including configurable risk assessment questionnaire.
- Configure organization budget using cost centers and account charts.
- Configure delivery sites, products and services, currencies, etc.
Dedicated Supplier Portal
- Provides functionality for suppliers to complete critical tasks, upload invoices, check payment status, submit RFP responses, and more.
Request for Proposals
- Initiate RFP, invite suppliers, and capture responses.
- Compare supplier responses on cost, quality, capacity, and financial stability to make the right decision and get the best quality service/product while minimizing costs.
Invoice Processing
- Utilize the power of Appian's Intelligent Document Processing (IDP), which uses machine learning and artificial intelligence to accurately extract data from the documents. IDP extracts relevant data from invoices received via email and automatically pushes them to the appropriate processing queue.
Why Choose Procurement 360?
Procurement 360 on Appian delivers tangible ROI and business benefits in the following ways:
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Applies the proper controls on business spending, enabling the needed governance and compliance.
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Helps monitor budget spending by establishing exception processes for budget control.
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Enables transparency, reduces bureaucracy, and drives financial and operational efficiency.
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Provides a dedicated supplier portal streamlining communication, resulting in better business relations.
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Increases the accuracy of decisions with the right analytics and power of unified data.
See It In Action
