PinProc Features

Choosing the right procurement platform for a business, irrespective of the size or industry, can be challenging and time-consuming like walking through a minefield . Even small missteps can cause disasters like revenue loss to customer churn and legal complications.

To help procurement leaders in their search, we’ve compiled a list of must-have procurement platform features based on the functionalities offered by PinProc in this space.

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Easy-to-use

A simplified software stack means faster induction at all levels and a more fluid transition that doesn’t hinder the daily running of your organization

Budget management

An important aspect of procurement management is tracking and managing the available budget as the spend has a direct impact on the organization’s bottom line.

Supplier lifecycle

It is the core function of PinProc. This will help in identifying, onboarding, managing, and analyzing suppliers who span across multiple departments and categories within a process.

Seamless integration

It offer a way to link with other third-party tools like accounting systems, finance cloud, and allow procurement staff import and export data directly from spreadsheets or other systems.

Analytics & Reports

PinProc should provide the most relevant data in the easiest way possible. It should be the best aggregator of purchase data, not just a creator of purchasing information.

Customization

To be honest, an off-the-shelf PinProc will never fully match your business or process needs perfectly. It require a trained IT professional to customize is a lot of work for little returns..