eProcurement

Newtron eProcurement is a solution designed to streamline and optimize procurement processes for businesses of various sizes. According to the vendor, this platform offers extensive features to enhance coordination between buyers, suppliers, and users. It is aimed at procurement professionals, supply chain managers, finance professionals, operations managers, and manufacturing companies across different industries.

Key Features

Catalog: According to the vendor, the multi-supplier catalog solution optimizes business processes and simplifies coordination between buyers, suppliers, and users. It supports the entire procurement process, providing transparency and consistency in release statuses and master data.

eBANF (Order Requisition): The vendor states that this simple and structured order management tool allows requesters to enter requirements quickly and intuitively. It facilitates the direct transmission of requisitions between internal departments, buyers, and accounting, providing transparency, traceability, and uniformity in order processing.

Service Procurement: According to the vendor, this feature optimizes workflows for the procurement of services. It supports separate evaluation criteria and special workflows for service procurement, enabling clear definition of requirements and structured quotation drafting. It provides transparency, reduces communication efforts, and ensures compliance.

Materials Management: Newtron eProcurement, as claimed by the vendor, compiles relevant material information automatically or manually, merging different ERP systems into a uniform standard. It implements release and approval stages uniformly throughout the company, ensuring compliance and revision security through authorization and approval levels.

Warehouse Management: The vendor suggests that this feature optimizes warehouse processes through permanent inventory updating. It supports Vendor Managed Inventory (VMI) and Customer Managed Inventory (CMI), streamlining and automating inventory replenishment and order suggestions. It aims to improve reaction time for demand fluctuations and provide planning security.

Clearing: According to the vendor, Newtron eProcurement provides electronic and automated processing of ordering and follow-up processes. It offers validation, conversion, transport, and archiving of documents, aiming to improve control with minimal manual intervention. It ensures transparency, traceability, and significant time and cost savings.

Mobile App: The vendor claims that the Newtron eProcurement mobile app allows users to execute procurement tasks on the go via their smartphones or tablets. It features a barcode scanner for quick search and reorder, enables easy entry of order data, and facilitates convenient goods receipt management with document capture and barcode scanning.