Solutions for Retail Chains

Reduce Cost, Increase Brand Consistency

Retail enterprises rely on fast cycle turns of inventory and a carefully managed revenue collection and procure-to-pay process. Retail businesses can significantly improve business performance from an e-Procurement implementation by using electronic purchase orders, carefully managing their spend and by integrating e-Procurement with finance and accounts payable system.

ReactorNet’s solution for retailers can deliver savings on purchases, reductions in the time involved in the purchasing process, better tracking of current and archival activities and results, eliminating waste and improving the overall efficiency of the entire supply chain.

Key Benefits:

• Supplier Collaboration - Enabling electronic commerce with your supplier base can establish better financial terms, faster delivery and less waste
• Standardized WorkFlow Process - Smoother, more efficient purchasing operations that are repeatable and 100% measurable by the system
• Reduce Maverick Spending - Every transaction tracked from PO to Payment
• Improved cash flow - Real time knowledge of purchase commitments, more leverage on suppliers
• More efficient procurement operations - Automated spend management, electronic invoices, smoother workflow
• Corporate Compliance - Achieve Sarbanes-Oxley Compliance and more
• Ease of Use / Customizable / Scalable