Innovative, Easy-to-Use E-Procurement

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Each of our on-demand e-Procurement solutions deliver a wide range of benefits. They’re easy to deploy, easy to use, flexible, adaptable, scalable and deliver significant spend management control, cost savings and a fast ROI. Most importantly, each solution provides you with the ability to connect and synchronize buyers and suppliers with the guidance and support of the most experienced leadership in the industry – all without printing one sheet of paper.

Each ReactorNet solution allows you to:

Control Procure-to-Pay

A comprehensive Procure-to-Pay solution accomplishes two main goals. First, it allows an organization to push control over the front-end of the purchasing process rather than relying on an invoice approval process where, in most cases, the organization is already liable for unauthorized purchases. Second, all spend going through a Procure-to-Pay process can be measured in real-time – making it possible to craft quicker more accurate spending decisions without having to rely on delayed metrics from Accounting departments.

Collaborate with Suppliers

A collaborative approach to procurement puts buyers and suppliers on a common platform for electronic commerce. Through this common platform, Catalog Management, Contract Management and Electronic Transactions (such as PO’s and Invoices) can be mutually managed by both parties - increasing accountability, visibility and smarter business decisions.

Reduce Maverick Spending

“Maverick Spending” is the act of making purchases outside of a preferred supplier. Typically this is associated with buying products at retail prices potentially spending ~10-12% more on indirect goods like office supplies and cleaning supplies. Reducing this cost means more control and immediate savings.

Go Paperless with A/P Automation

While a comprehensive Procure-to-Pay solution typically involves two departments – Purchasing and Accounting – a paperless A/P automation process dedicated to the Accounting department can dramatically reduce costs and inefficiencies.

Standardized Workflow Process

A standardized workflow process will introduce new efficiencies into the procurement lifecycle delivering reduced Purchase Order and Invoice costs as well as other general administrative costs. The configurable workflow process, available through ReactorNet, is flexible and can be adapted to the policies and procedures your organization may already have in place.

Reduce Inventory Cost. Improve Cash Management.

A Procure-to-Pay solution can give an organization a complete and real-time view of their spend liabilities. Calculating these liabilities in real time (prior to receiving an invoice) can help an organization better manage their cash flow.

The ReactorNet system can also closely manage order quantities and can even integrate with external inventory systems ensuring that over purchasing does not tie up cash in inventory sitting idle in a stock room.

Grow Capacity and Features as Needed

One-size-fits-all software doesn’t cut it with our customers. Our expert team takes a consultative approach to help develop a unique solution for each customer’s needs and goals - however specialized they may be.

Even better, ReactorNet solutions are adaptable and scalable. With no new infrastructure to buy, our dynamic services framework can be easily expanded or modified as a customer’s business grows or evolves. That’s Software-as-a-Service and cloud computing all wrapped up in a dynamic cost savings platform just for you.

Achieve Corporate Compliance

Whether a company is answering to the federal government or to a corporate standard, ReactorNet can help companies achieve corporate compliance by providing transparency where needed. Everyone accountable. Everything measured.

Enjoy Cost-Effectiveness

Automated spend management, electronic invoices and other efficiencies help ReactorNet customers lower their costs dramatically and achieve a quick return on investment. Furthermore, our on-demand model and competitive pricing structure allow companies of all sizes to benefit from the most advanced e-Procurement solutions on the market.