Ketera offers comprehensive functionality, including end–user requisitioning, off–catalog ordering, and internal workflow approvals. It also includes the capability to "PunchOut" to individual supplier Web sites.
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Cutting–edge catalog search engine technology enables users to find products and services quickly, eliminating the need to call suppliers or browse through paper–based catalogs.
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Employees can buy from a Ketera catalog, visit a supplier site, or auto–fax a supplier.
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Ketera can interact with suppliers by CXML, EDI, e–mail, fax or Web browser.
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Work with suppliers to gather, maintain and publish the suppliers′ catalogs in the buyer′s procurement environment.
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An open solution, Ketera allows for integration of transaction data to ERP systems, such as SAP, Oracle and PeopleSoft.
Benefit from pre–negotiated pricing, the ability to create preferred vendor lists and catalogs, and an online approval process that is fast and easy to use.
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Eliminate maverick and off–contract spending by controlling how much any employee may buy and from whom.
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Management can restrict viewing and ordering to an approved list of suppliers.
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As an on demand solution, Ketera eliminates upfront software and hardware investments.
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Highly configurable solution for the procurement of services.
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Better accountability, transparency, and traceability across the procurement process. Eliminate non–compliance with centralized control over spending.
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Easy integration with your existing ERP, or accounts payable systems, leads to a comprehensive view of your procurement.
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Ease of use and no training needed to use the system. Leads to wider end–user adoption.
Ketera Procurement is an on demand, web–based electronic procurement solution that enables employees to quickly search products, compare product prices between suppliers; create requisitions; order electronically and obtain approvals for their requisitions – all in an easy–to–use and consumer–like shopping system.
Procurement savings that fall directly into company bottom–line
Organizations are working aggressively to reduce their indirect procurement costs – any cost savings drop directly to the bottom line. However, one of the largest stumbling blocks in reducing such procurement costs for an organization is the lack of a streamlined and automated procure–to–pay process. By deploying Ketera’s e–procurement solution companies can expect the following benefits:
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Increase spend under management by over 35%
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Reduce requisition–to–order cycles by 75%
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Reduce requisition–to–order costs by over 45%
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Reduce maverick and off contract spend by over 35%
Overcoming user adoption challenges
Ketera’s e–procurement solution is a web–based procurement product that helps companies deploy a feature rich solution quickly across the organization. Ketera Procurement is designed with an easy–to–use interface to ensure that employees use the solution′s procurement applications effortlessly without any training.
“The single biggest challenge we face today is getting employees to comply with our purchasing processes. If we don’t get full adoption of the system, we leave huge savings on the table because we can’t extract the full value from our negotiated supplier contracts, or get complete visibility into our spend,” said Dian Trosclair, VP of Supply Chain Management at ServiceMaster. “Ketera’s new Procurement solution gets to the heart of this problem. They figured out that in order to drive real business value for our company, we need to nail the adoption issue by giving users a corporate buying experience they’re familiar with, and one that requires no training – it simply comes with a two–page user guide for quick reference. Their new solution is really an amazing innovation that will revolutionize the purchasing industry.”
Why On demand e–Procurement from Ketera
A survey by Aberdeen Group published in June found that not only did on demand solutions generally perform better than software, but in arguably the most critical factors – return on investment, ease of upgrade and implementation timescale and effort – the advantages of on demand technology over traditional software licensing were greatest.
“Ketera′s Procurement release provides all of the functions necessary to achieve the fundamentals of procurement efficiency. The new user interface is smooth and friendly. Best of all, it is readily available on demand. Surprisingly, it has taken e–procurement systems a long time to marry enterprise–class functionality with on demand delivery. This is one of the reasons we declared the onset of "E–Procurement 2.0" in our recent E–Procurement Benchmark Report, said Vance Checketts, Global Supply Management Research Analyst, Aberdeen Group”.
