eProcurement functionality for complex organizations
The procurement function in large organizations is often distributed across different units or departments of the business. Reasons for this distributed process are varied, but generally the business needs to support local business rules, local suppliers, local legal requirements and much more.
However, there is a growing trend of centralizing procurement contracts, processes and technology in large organizations to gain operational efficiencies and to grow organizational buying power. The Multi-Business Unit functionality (MBU license) was developed to support this trend.
Core benefits of the MBU license include:
- Ability to support local business rules and processes allows a large part of the organization to move into the same procurement environment which drives higher contract compliance, grows insight into spend & creates procurement efficiencies.
- Ability to delegate user administration & order management responsibilities to the local business units supports better internal customer service by providing admin support to buyers locally.