ARR Spend Management Solutions what we offer
  • Ready2Buy - Walk up and ready to use, market tested Vendor Partner Agreements for key non-core or indirect commodities that will reduce your overhead cost from day one.
  • eProcurement tool which is straightforward to deploy, easy to use, low cost and requires little or no internal IT resource to implement
  • Procurement reviews and spend management consultancy

  • eAuction of core spend


Arr Spend Management Ready to buy

Ready2Buy is ARR Spend Management Solutions offering to enable companies to achieve immediate savings and achieve best value for non core commodities. Companies with up to 2500 employees often have their core spend well managed however due to lack of resources non core spend often is left uncontrolled and ineffectively managed. Ready2Buy allows companies to get control and manage this important spend segment immediatly and make savings.

Ready2Buy are market tested Vendor Partner Agreements that are ready to use. Accessing this solution means that client companies can get an immediate Value For Money savings without compromising on quality or service delivery.

Our Vendor Partners have proven over time to offer realisable Value for Money savings having supplied and serviced a wide variety of markets.

It is recognised that client companies may require some support in managing the internal change within their organisation for some of the more complex categories such a Fleet or Business Travel – ARR Spend Management Solutions can support your spend management journey by offering guidance on Procurement Policy and Change Management.

Many of the Ready2Buy agreements can be purchased online using the eProcurement tool where agreements are not suitable for online ordering then they are supported by a full management information suite to ensure that spend remains visible and controlled.

eProcurement

ARR Spend Management Solutions provide companies with up to 2500 employees, tools to proactively reduce their cost base of their non core and core commodities with a full procure to pay solution for your non core spend. Our solution requires no internal IT resource to manage and is very intuitive.

Companies with up to 2500 employees often have their core spend well managed however due to lack of resource non core or indirect spend often is left uncontrolled and in effectively managed. eProcurement together with Ready2Buy allows companies to get control and manage this important aspect of corporate spend.

The advantages of our eProcurement tool are:

  • Transactional – expenditure can be controlled and follow pre determined approval flows. This means you can control who buys, what they buy and who authorises such spend.

  • Process times – As this activity is online. The paper trail is removed. The end-to-end process time is greatly reduced enabling goods and services to be at the point of use at the time they are needed

  • Cost Reduction – The Chartered Institute of Purchasing & Supply estimate that the average internal cost to raise and pay a purchase order is circa £75. These costs are reflected in time taken by your staff that could be better utilised doing more added value activity. The process benefits of Eprocurement free this time enabling you to re-deploy staff time or even reduce headcount

  • Spend Management Information - Who, What and With Whom. This information is provided as part of the management information suite.
  • Requires little or no Internal IT resource to implement – a simple web browser is all that is needed

  • Easy and intuitive to use - vital for easy deployment

Core commodities can also be added to the eProcurement tool .

Procurement Reviews


Procurement Reviews can be conducted on your current processes and practices covering both your core and non core spend activity. These reviews may cover such aspects as:-

  • Process reviews
  • Procurement Strategy and Policy
  • Request for Proposal
  • Tendering
  • Contract terms and conditions
  • Spend and Authority limits
  • ERP integration
  • Supplier discovery
  • Payment methods
  • People Development

 

eAuctions


eAuctions are a proven method of reducing costs. eAuctions conducted to date show an average of 18% saving - even when these are conducted on spend categories that have already been through a formal procurement process! They have been conducted across a wide variety of commodities which include:

  • Domestic Boilers
  • Bathroom fittings
  • Legal Services
  • Telephones
  • IT
  • Temporary Labour …and more


eAuctions can be conducted on an individual commodity or package basis. Contact us for more information about establishing an eAuction programme and realise the saving potential on offer from this tool.

Bid Management and tender response


We can also offer a service to help you win business.

Increasingly companies are issuing tenders ( ITT) or Requests for Proposal ( RFPs) . These may be on paper or electronic. These events are often daunting and smaller firms may be put off bidding against these either because they

  • lack experience submitting bids or
  • have insufficient internal resource.
ARR Spend Management Solutions can guide you through this process and help you secure new business.

eAuction and eSourcing training and response


If you have been invited to participate in an eAuction or sourcing event we can help from training stage through to bid submission.

First time participation in these events can be worrying and lack of experience may mean you lose that important piece of business. Let ARR Spend Management Solutions guide you through the process.

Find out more by calling 0845 602 6322
or emailing david@spendsolutions.co.uk

 
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