ESM provides complete control of your spend through an easily implemented, integrated suite of e-procurement and spend management solutions. Within a cloud-based solution suite, ESM offers modules for bidding, purchasing, inventory management, invoicing, travel and expense management, contract management, approving, payment and more.
- Affordable, customer-tailored solutions for your business needs
- Time, costs and resource savings
- Self-guided, intuitive user interface
- Visibility into your spend, supplier and user data
- Strengthened supplier relations for effective contract negotiations
- Improved organizational compliance and reduced risk
- Seamless integration with your ERP system
ESM’s spend management applications can be used individually or combined to make one seamless, customizable solution. Varied levels of functionality are available to meet the needs of both large and small institutions, offered at a competitive price for all E&I Members.
ESM’s sourcing solution enables you to do faster, effective online bidding with supplier contracts that are based on your organization’s requirements.
- Manages suppliers, bids, quotes, RFXs and catalogs in one place
- Increases efficiency and accuracy of the sourcing process with flexible bidding capabilities
- Supports access to a collaborative marketplace between buyers and suppliers
- Improves supplier relationships and negotiations
- Enables savings by strategically sourcing commodities and automating the quotation process
- Integrates seamlessly with easyPurchase™ to facilitate on-contract purchasing easyPurchase™ ESM’s e-procurement solution is an intuitive online ordering application that automates your procurement activities from beginning to end.
ESM’s e-procurement solution is an intuitive online ordering application that automates your procurement activities from beginning to end.
- Saves money, time and resources with contracted catalogs and pricing
- Connects your buying community with your selected suppliers
- Improves organizational compliance and leverage of supplier catalogs
- Automates workflows for seamless approval routing
- Eliminates errors and speeds up requisitions with automated processes
- Consolidates requisitions to minimize fees and maximize discounts Invoicing ESM’s invoice management solution speeds up and simplifies invoicing to complete your procure-to-pay process.
ESM’s invoice management solution speeds up and simplifies invoicing to complete your procure-to-pay process.
- Enables control over the invoicing process through flexible requisition, purchase order, invoice and reporting capabilities
- Drastically reduces invoice cycle times
- Promotes 2- and 3-way PO matching to ensure proper payment
- Electronically transmits invoices from your suppliers to speed up the process
- Self-service supplier invoice portal automates interaction between buyers and suppliers and allows suppliers to track progress of submitted invoices SpendAnalytics™ ESM’s analytics solution provides visibility into your spend by collecting your data in one intuitive interface.
ESM’s analytics solution provides visibility into your spend by collecting your data in one intuitive interface.
- Gives a complete dashboard view of organization-wide spend in real-time
- Tracks spend performance to facilitate strategic decision-making
- Identifies cost saving opportunities and operational efficiencies as well as non-compliant, maverick spend
- Compares and benchmarks your data to other organizations
- Collects and classifies data with minimal impact on your resources
- Generates comprehensive analyses of spend to make data easy to understand ContractManagement™ ESM’s contract management solution manages your business procedure by automating your entire contract lifecycle and managing your e-procurement contracts and documents in the cloud.
ESM’s contract management solution manages your business procedure by automating your entire contract lifecycle and managing your e-procurement contracts and documents in the cloud.
- Saves money and resources associated with lost contracts and rogue spending
- Improves contractual compliance and minimizes risk
- Connects contracts to your specific business policies and procedures
- Sends you notifications and alerts for approvals, renewals and milestones
- Reduces errors and time to create contracts with configurable forms and reusable templates
- Keeps contracts and documents secure and easily accessible
For more information about ESM multiple offerings, please fill out the Request for Information.