Page 14 - NAXT-Product-Guide-web

Procurement and Sourcing continued

Category • Define different category hierarchies related to commodity codes or
Management catalogue/item hierarchies
• Manage overall spending based on categories

Purchasing Policies • Enforce purchasing policies through a centralized procurement desk
and Signing Limits • Define policy rules to support global policies and processes; automatic application to
purchase requisitions and purchase orders based on the legal buying entity and
operating unit
• Six policy rules; catalogue, catalogue access, purchase requisition RFQ, purchase requisition
control, purchase order creation and demand consolidation
• Expenditure reviewers and signing limits
Procurement • Transactional reports
Reporting • Pre-defined data cube to generate analytical reports (e.g. vendor and procurement spend
analysis, top 100 vendors, vendor performance and KPI’s)

Procurement • Drive and govern procurement operations using workflow
Workflows • Use a flexible and visual workflow engine to improve efficiency and compliance across
the procurement cycle

12 XAPT
NEW FRONTIER GROUP