Menu
Easy enough for a bulldog to use. Well, almost.
Efficient procurement processes play a crucial role in the success of organizations. By streamlining and optimizing procurement activities, businesses can achieve cost savings, mitigate risks, and drive operational efficiency. Procurement Manager, a powerful solution by Stave, empowers organizations using ServiceNow to achieve their procurement goals. With Procurement Manager, businesses gain comprehensive control and visibility over their procurement activities, enabling them to automate workflows, centralize vendor management, streamline purchase requisitions, and enhance compliance. By leveraging the capabilities of ServiceNow, Procurement Manager provides organizations with a unified platform to manage and optimize their procurement processes, ensuring timely and cost-effective procurement while maximizing value and minimizing risks.
Procurement Manager serves as a catalyst for effective asset management by fueling it with accurate and comprehensive data. Through the asset data aggregation capabilities, Procurement Manager collects and consolidates vital information during the procurement process. This data, ranging from asset specifications to vendor details, is then seamlessly shared with the asset management teams through automated workflows. This streamlined data exchange enables asset managers to gain immediate access to up-to-date information, facilitating efficient tracking, maintenance, and optimization of assets throughout their lifecycle. By ensuring seamless data flow between procurement and asset management, Procurement Manager enhances operational efficiency, reduces manual effort, and empowers organizations to make informed decisions for optimal asset utilization and value realization.
Stave Procurement decreases the time to purchase and increases your organization’s efficiency and user satisfaction, enabling:
Stave Procurement provides a modern platform to digitalize your end-to-end procurement activities, including:
Everything We Can Do With ServiceNow
P
rocurement Manager’s strategic sourcing capabilities empower organizations to implement a systematic approachto sourcing that ensures optimal vendor selection and favorable contract terms. With Procurement Manager, organizations can define and refine their sourcing strategy, capturing specific requirements and collaborating with key stakeholders to align objectives. From conducting the RFx process to evaluating vendor proposals, Procurement Manager simplifies and accelerates the sourcing cycle, enabling organizations to make well-informed decisions that drive cost savings, mitigate risks, and secure high-quality products and services.
Automate the end-to-end procurement process including purchase request & approvals, purchase order (PO) creation and submission, PO acceptance and goods/services receipt, invoice recording, 3-way match, and supplier payment approvals.
Enable your procurement team and requesters to track end-to-end request status with self-service request management for sourcing, purchase orders, requisitions, and other procurement services. Our web-based, mobile-ready portal and a guided request process make it easy.
For more advanced procurement features & functionality, be sure to check out ‘Buy It’, a product we designed that provides immediate access to global marketplaces from within your ServiceNow platform while streamlining the request-to-purchase process and enriching asset data for downstream lifecycle management.
Procurement Manager optimizes vendor management, fostering strong supplier relationships and driving procurement excellence. It offers a centralized vendor database for accurate and up-to-date information, streamlined onboarding, and performance tracking. Track KPIs, metrics, and compliance, enabling data-driven decision-making. With Procurement Manager, achieve cost savings, mitigate risks, and enhance efficiency.
Procurement Manager simplifies bid listings management by offering a centralized platform to create, track, and manage bid listings. With intuitive workflows and automation capabilities, organizations can efficiently handle the entire bid listing process, from creating bid requests to managing vendor responses. Procurement Manager enables collaboration among stakeholders, facilitates transparent communication, and ensures compliance with procurement policies and regulations. By streamlining bid listings management, organizations can drive competitive bidding, evaluate vendor proposals effectively, and make informed decisions to secure the best value for their procurement needs.
Can I Manage my RFx Proposals & Vendor Bid Process?Stave Procurement Manager allows you to define vendor solicitation response requirements and evaluation criteria, so you can fully automate the evaluation and selection process. The portal allows you to automatically request vendor bids from approved vendors. As vendors upload their responses, you can see the status such as no-bid, in progress, or submitted for review.
Use ‘Stave Procurement Manager’ to manage the full contract lifecycle from the request, negotiation an award to tracking, reporting, and closeout. Proactively manage all aspects of your contracts including modifications, spend, clauses, terms and conditions, option periods, upcoming expirations, compliance, and other contract documentation.
Stave Procurement Manager empowers organizations to streamline the evaluation of bid responses in a centralized platform. By consolidating all responses in one place, procurement teams can easily assess and compare vendor proposals against set requirements and each other. The intuitive evaluation features enable objective rating and scoring, facilitating data-driven decision-making to determine the best value or lowest cost award decisions. With Procurement Manager, organizations can enhance the efficiency and accuracy of their bid evaluation process, ensuring optimal vendor selection and driving successful procurement outcomes.
Using a procurement app saves the organization by leveraging volume buying, preventing duplicate spending, and saving on costs related to paper-based systems, such as the cost of stamps to mail important documents.
Companies that do not have a precise view of their spending profile are likely to miss opportunities and savings to restructure their supplier portfolio. Having a procurement program enables centralized tracking of transactions, as well as comprehensive reporting of purchase requests, processed orders, and payments.
The speed of procurement transactions rises, as the electronic handling of tasks simplifies and supports the purchasing process. Procurement cycle times are faster than usual, allowing the organization to focus more of their time on other important tasks.
Digital procurement takes less time than manual or traditional procurement. Organizations can store their records electronically, making it simple to submit reusable tenders. On top of that, they can use digital templates to fill out paperwork more quickly.
Conducting the procurement process electronically makes it easy for companies to analyze and write reports on their procurement systems. Businesses can make sure that their procedures on procurement adhere to the policies.
Checking for errors is easy when the paperwork is electronic. Additionally, employees can easily reference previous orders. This means that there’s a higher likelihood that the company can perform an order comparison to make sure that the new orders are correct.
Enterprises with multiple departments making procurement decisions may have differences in how they purchase goods. Performing purchasing electronically makes it easy for various departments to comply with the procurement standards set by the organization.
Put your user in control of their procurement experience with intuitive self-service capability
Assign and automate workflow and taskers to drive accountability
Dashboards and reports provide key information, insights and reporting
Mobile user experience is responsive and works across web browsers, phones, and tablets
ERP integrations are supported using the ServiceNow platform
Configure lists, views, features, reference tables, approval routing, and more all through the Service Portal
Automated invoice matching let's your AP team know if invoices align with orders and goods received
Connect your vendor catalogs to Stave Procurement and automate the procure-to-pay process
Stave builds ServiceNow apps that help clients simplify business processes and empower their users to interact with the organization’s process, resources, assets, and data in a digital way.
Stave Apps Headquarters
1821 S Bascom Ave #282
Campbell, Ca. 95008