Negotiatus--great for efficiency, could work more on reporting on savings
Rating: 8 out of 10
August 04, 2021
AW
Vetted Review
Verified User
3 years of experience
We have been using Negotiatus to manage purchasing across our network of flexible office space locations. Negotiatus allows us to control purchasing at the location level through approval workflows and budget limits. It also allows us to map approved products to our general ledger accounts, making the coding process seamless. Negotiatus also allows for consolidated invoicing--only having to manage one invoice per location on the accounts payable side. In short, we are able to solve multiple business problems simultaneously related to purchasing.
- Consolidated invoicing--Negotiatus consolidates all invoices into one monthly invoice for us to pay by the 15th of the subsequent month.
- General ledger mapping--products on the platform can be mapped to one or more entities or cost centers through a monthly consolidated file, which has great value when it comes to process efficiency.
- Ease of use--the platform is fairly easy for both users and administrators. With many locations that are geographically dispersed, it allows us to manage purchasing without an excess training need.
- Cost coding/accounting
- Consolidated invoicing
- Bulk updates to product lists
- Positive efficiencies (major positive)
- Negative monthly costs per location
- Positive control