Your results at a glance
Your potential total savings
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Per order
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In percent
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Time savings
Your current process:
Process steps in detail
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minSavingPurchase requisition -
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minSavingSupplier selection -
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minSavingPurchase order -
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minSavingGoods receipt -
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min- 0
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minSavingInvoice/payment
- Your process
- Mercateo process
- Saving
Total time savings
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purchase order
Why do you save with Mercateo?
Optimised order process
Introducing Mercateo as an e-procurement solution significantly reduces the time consumed per process step or even makes steps obsolete:
- An automatic approval flow based on individualised budgets eliminates manual approvals, if desired.
- Mercateo functionality and large product range facilitate demand formulation and assessment.
- About 20% of purchase orders cannot be fulfilled with existing suppliers. Mercateo's large product range reduces/eliminates the need to find new suppliers.
- Converting purchase requisitions into purchase orders is automated.
- Electronic invoices with PO-references make accounting processes significantly more efficient.
Reduced administration
- Creating new vendors, particularly for indirect materials, often costs more that the actual price of the goods. Master-data maintenance across different departments, internal communication and approvals approximately cost half a working day worth £ 218 per supplier.
- Managing suppliers includes one appointment per supplier every two years, on average. Registering a new creditor, including preparation, creation and maintenance, costs one working day worth £ 437 or £ 218 per supplier per year.
- At least 20% of all indirect items are subject to frequent price changes. Consequently, required master-data maintenance involves the procurement and accounting department creating costs of € 17 for 20% of all orders.
- Mercateo makes savings of up to 60% possible. The total savings potential is determined by subtracting the costs of the Mercateo process from the costs of the current process, multiplied by the amount of orders per year.
Where does the data come from?
This calculation tool is based on the results of an empirical study executed by Leipzig University of Applied Sciences (HTWK Leipzig) in 2017.
Interested in personalised advice?
Contact us!
Mercateo is Europe’s leading e-procurement platform for business customers. Companies can order from a wide range of products and use a modular system of e-procurement functions.
info.uk@unite.eu
+44 (0)29 2150 9669
