In a recent study of Fortune 1000 companies, Gatepoint Research published “Trends in Supply Chain Visibility” where they conclude that supply chain visibility is limited for many businesses. Many companies are not satisfied with their current visibility, which is often a result of not having access to real-time data (only 14% of respondents have access to real-time data). Further, a majority of companies (81%) report that visibility is scattered and fragmented throughout the organization, showing more limitations to visibility and access.
BirchStreet’s Procure-to-Pay automation platform gives companies real-time visibility into all of their spend by connecting with suppliers, ordering, approving, budgets, tracking, receiving and payment in one centralized marketplace. Automating manual processes using cloud-based software provides customers with instant visibility, efficiency, compliance and increased profitability. These benefits are especially important for complex industries with many locations. With real-time data into all purchasing functions, businesses can make better and faster decisions that impact their success.
Do you have the visibility your company needs? Contact 949-567-7000 or firstname.lastname@example.org for more information or a demo.