Benefits to Buyers

With the largest UK eMarketplace, UKprocure can deliver measurable cost and time savings by helping buyer organisations to streamline their procurement processes and obtain greater control over their spend.

Streamlining

  • Substantially reduced goods returned and delivery and price queries, because of price and product accuracy in supplier maintained catalogues.
  • Error-free trading and more prompt settlement of invoice payments.
  • Elimination of paper document handling and dispatch.
  • Electronic integration of invoice processing, online queries and automated settlement.
  • Self-service requisitioning direct from desktop.
  • Reduced duplication of input of transaction data and support costs.

Savings

  • Measurable reduction in cost and time of transaction processing.
  • Opportunities to re-deploy accounts payable staff.
  • Significant savings from better informed contract negotiation and placement.
  • Stronger collective buying power of a large number of organisations.
  • Reduced supplier transaction costs.

Management Information

  • Timely, accurate information delivered to management, with minimal intervention by supporting Finance and Supplies functions.
  • Better informed contract negotiation, utilising enhanced purchasing intelligence.

enable, the collaborative eProcurement initiative of Warrington Borough Council, Vale Royal Borough Council, Macclesfield Borough Council and Staffordshire Morelands Borough Council, is achieving tangible benefits by using UKprocure’s eMarketplace solution.

Before After
4-5 hours to complete order-to-pay cycle 52 minutes to complete the order to pay cycle
£73 average cost to process each transaction £15 average cost to process each transaction
18 steps to process each transaction Electronic end-to-end process