Mobile procurement refers to any business software that allows users to control their procurement processes from any mobile device. With mobile procurement solutions, users can create purchase orders, receive notifications, engage in real-time analysis of their procurement activities and control the entire S2P operation.
In simple words, mobile procurement is the practice of using a mobile device to streamline the traditional and often inefficient methods of acquiring goods and services. Applications such as mobile purchase order generation, push alerts, and real-time analytics are all part of this process. When making purchases on the go, businesses can use software-based servers to expedite the transfer of information. In this way, businesses may monitor their operations from anywhere with an internet connection and a mobile device.
The term "mobile procurement" is used to describe the use of cloud-based mobile apps on portable electronic devices such as tablets, smartphones, and next-generation wearables. The system's end users can log in remotely through the mobile web or a specialized app for the iOS and Android operating systems.
It allows procurement teams to make informed decisions by providing anytime access to purchasing, permissions, reviews, and analysis.
It also helps in consolidating data management, documentation, and data analysis while liberating stakeholders from traditional limits.
Mobile procurement replaces the old method of paper-based procurement, thus improving transparency.
Contract administration and negotiation are simplified by mobile devices' easy access to essential data.
Every procurement process can be made more efficient by cutting down on delays, increasing the amount of time spent on attaining accuracy, and speeding up the process. With complete visibility and real-time updates, purchase orders may be made, modified, approved, and tracked using a mobile device. Spending outside of budget, mistakes, and missed chances are all reduced as a result.
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
GEP NEXXE is a uniﬁed and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artiﬁcial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.