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Purchasing Performance Solution
Jaros combines information from one or many purchasing systems to provide complete visibility into supplier performance, company spending, and purchased item pricing. Jaros customers use this information to optimize spend, improve on-time performance, reward and penalize suppliers, and control costs.
Monitor and improve supplier performance using supplier scorecards that are provided for suppliers via dashboards. Perform detailed analysis of vendor performance including the quality of materials received, as well as order and invoice accuracy. Profile vendors according to transaction volume, discounts offered, cost to pay, prices, terms of payment, returns, rejects, and past-due orders. Support six sigma efforts to improve supplier quality, pricing, and on-time delivery.
Minimize costs and maximize buying power with a consolidated view of suppliers, purchased items, buyer performance, requestor costs and volumes, and much more. Analyze the ability to consolidate or substitute items and/or suppliers across demand channels. Track variances to purchase price and invoice price by item, supplier or commodity group. Analyze and control commodity costs and price trends by focus area.
Evaluate and improve purchasing processes, policies, and strategies. Control expense processes, track costs and violations. Monitor and regulated indirect and direct spend. Determine how processing times relate to specific materials and suppliers; analyze opportunities for reducing ordering lead-time across commodities and suppliers. Analyze the cost to pay vendors including errors, method of payment, and adjustments.
| Supplier Performance |
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On-Time Delivery by Item |
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Pricing Trends |
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Quality and Order Accuracy |
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Historical Volumes |
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Payment History |
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| Spend Analysis and Optimization |
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By Vendor, Buyer, Requestor, Company Location, Account Segment |
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Total Spend Analysis |
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Unit Pricing Analysis |
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Discount Analysis |
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| AP Analysis |
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Track Employee Expenses |
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Manage Costs |
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Procure To Pay Cash Management |
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Monitor Spending Policies |
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