Running the sourcing activities and storing the purchasing data in the cloud-based solution has certain risks. No solution (whether it is SaaS or On-Premise) can guarantee 100% error-free operations, just like any bank cannot guarantee the absolute safety of transactions and 24/7 trouble-proof service. But this does not force the businesses to operate only in cash.
Things to keep in mind when choosing a SaaS E-Sourcing tool:
In order to bring the risks to the minimum while utilizing the SaaS E-Sourcing Tool examine the contract carefully before signing it with the vendor. Clarify all details. The contract should elaborate on the following:
A mandatory field is having the option to import data to your own servers. It should be stated at least in an additional agreement or SLA (if it is not stated in the contract).
Acquirell provides a SaaS E-Sourcing tool that facilitates cost reduction, enhanced communication, and more efficient business processes. The tool can be adjusted to a solution that suits your unique business needs. Run special sourcing events: whether these are RFQs sent to all suppliers or complex multi-stage auctions. Be sure to obtain the best proposals from suppliers. Configure the algorithms the way you want. Get the best prices.
Implement Acquirell for your business processes and enjoy utilizing a reliable SaaS E-Sourcing Tool!