“By utilizing our team of specialists and our industry-leading materials management software Envi®, members can gain visibility into spend across all their locations, reduce labor costs and drive product and contract compliance,” says Ryan Nelsen, Provista’s national director of Procurement Sales. “Our team is an extension of your workforce, notifying you of irregularities and resolutions as well as providing data analytics for product standardization across single and multiple sites, increased control over product prices and maximum savings.”
1. CONTROL YOUR END-TO-END PROCUREMENT PROCESS
Intelligent procurement allows companies to control their buying processes. GPO members can typically have as much control over their procurement as they want, with the GPO taking on the remaining duties. This gives members the flexibility to have the GPO manage the entire end-to-end process or just certain portions.
One benefit of buying through a GPO is having transparency into the entire procurement process. Members gain a better understanding of costs and see opportunities to switch products for savings. For instance, Provista Procurement Solutions utilizes its centralized procurement management solution for organization-wide visibility into buying, spend and costs. The solution also allows greater control over buying and more informed buying decisions.
“We enable better control by creating and maintaining your item master for clean, accurate purchasing data, and maintaining all contract information within the Envi software platform,” Nelsen explains. “We also automate updates to add or remove items from GPO contracts, monitor new and expiring contracts, and ensure correct pricing through order placement and confirmation with suppliers. We resolve all pricing disputes and retrieve credits from suppliers for our members.”