BuyerQuest Review

Seamless Procurement Experience

BuyerQuest Procure-To-Pay helps you make the process of procuring products and services from suppliers easy, quick, and enjoyable. It permits you to set up and implement a marketplace where your employees can find the products and services they need to buy from suppliers.

The prices for these products and services had already been negotiated with suppliers before they were displayed on the marketplace. As a result, employees no longer need to research pricing information for the products and services they need. This also eliminates price discrepancies between documents. 

Additionally, the software solution is built with capabilities that enable your employees to easily find information as they buy products and services. For instance, they can produce personalized lists of products or items they often procure, track the budgets allocated to these products in real-time, and choose the appropriate methods for paying the products (e.g., credit cards, integrated third-party payment processors, or the organization’s ERP system).

Once they’re done selecting products or services from the marketplace, they can now generate electronic purchase requests and submit them to authorized approvers. 

Automated Procurement Processes

BuyerQuest Procure-To-Pay is an intelligent procurement software solution. This means you can implement procurement processes that can run automatically without human intervention. You can come up with an automated process for approving purchase requests submitted by employees. 

In this process, purchase requests are instantly routed to the right budget holders and managers based on the type of product or service being purchased, the price of the product or service, and other business rules you set. Budget holders and managers also receive notifications via email so they can review and approve purchase requests on time. 

BuyerQuest Procure-To-Pay lets you automate the creation and submission of purchase orders as well. Once a purchase request is approved, the software solution immediately divides it into different purchase orders and sends the purchase orders to the right suppliers. Through automated procurement processes, you’ll be able to complete transactions much faster and ensure that purchases are aligned with the goals of your organization. 

Direct Supplier Engagement

The procurement software solution offers features that help you engage suppliers in your procurement processes. In fact, suppliers can directly access the software solution and use specific tools and features without being charged for any software fees. They can connect to your marketplace and view the exact products and services employees are buying from them. 

They are also provided with the ability to add and update information and content regarding their products and services that are shown in the marketplace. These include images, descriptions, and configurations. 

BuyerQuest Procure-To-Pay enables your suppliers to track and access purchase orders from a portal and create electronic documents like advanced shipping notices and invoices within the software solution.

Furthermore, they will be able to communicate with your employees about the purchase of non-standard or ad-hoc products and services they are offering. Suppliers can view RFQs submitted by employees for these products and services and create and provide electronic quotes in response to the requests.