Solution Overview. UNITED KINGDOM 5 Jupiter House Calleva Park Aldermaston Reading Berkshire RG7 8NN United Kingdom
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1 Solution Overview UNITED STATES Suite 4000 L40 17 State Street New York NY United States UNITED KINGDOM 5 Jupiter House Calleva Park Aldermaston Reading Berkshire RG7 8NN United Kingdom AUSTRALIA Level 13 Citigroup 2 Park Street Sydney NSW 2000 Australia INDIA Level 9 Platina Plot C-59, Block G Bandra Kurla Complex Mumbai India TEL TEL TEL TEL
2 Procurement solutions that fit your DNA One complete solution that covers all your procurement needs. We have worked hard to help your business evolve. Continual Improvement Process cloudbuy delivers an integrated solution set to automate your procure to pay process. The solution set includes granular spend data analysis, compliance focused strategic sourcing capabilities, supplier managed web content and touch-less ecommerce payment functionality. This highly functional solution intelligently reconciles purchase orders, contracts and invoices, ensuring that you have the knowledge at your fingertips to continually optimize all procurement activities across the organization. We are very excited by the journey that we are on. We can already see improvements in all areas. Finance Director
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4 ecommerce Marketplace At the heart of the cloudbuy system is its unique combined Business to Business (B2B), Business to Consumer (B2C) and Business to Public Sector (B2P) emarketplace, with over 1 million issued user logins. Suppliers are able to tailor the ranges and prices of products and services visible to each sector and, within the B2B and B2P sectors, to each registered buying organization. This makes cloudbuy very attractive to suppliers, and hence greatly aids the supplier adoption process for each new cloudbuy procuring organization. Over 2.3 million products are already held available from the ecommerce sites of suppliers who have joined the cloudbuy process and supply their customers partly or wholly via websites held on cloudbuy. In addition, over 1 million more products are available via punch-out where users pass invisibly out to the websites of contracted suppliers, but retain all the security and controls within the cloudbuy system. This means that buyers can create a comprehensive basket of requirements far faster on cloudbuy than any other solution which may operate on wholly internally-held catalogs. It also means that the considerable work required for purchasing staff to input and update internally-held catalogs is eliminated. The key differentiation of the cloudbuy ecommerce Marketplace is that it maintains a balanced attitude between buyers and suppliers. With cloudbuy we allow suppliers to make their goods and services as easy to purchase as possible for their customers, and display their offering through high quality ecommerce sites, as well as offering buyers efficient and secure savings. einvoicing By using cloudbuy s einvoicing functionality buyers and suppliers will be able to convert a costly un-automated invoicing process into an automated and efficient invoice processing solution to remove paper invoices from their operations. For buyers, electronic invoicing gives you greater control over payment timing, whilst opening the door to collaborative strategies for optimizing payables and receivables. This means buyers can stop scanning invoices or using OCR technology to manage paper invoices and then having to pay for data storage. In turn accounts payable staff efficiency will greatly improve. This is typically 3-4 times as staff only have to deal with exceptions as 80% or more of touch less invoicing processing will be realized. cloudbuy s einvoicing tools are built to accelerate invoice review, approval, and exception management. Organizations utilizing its intelligent 2, 3, and 4-way matching capabilities facilitate straight through invoice processing, delivering spend compliance and cost effective processing. For suppliers the use of einvoicing automation can reduce their Days Sales Outstanding (DSO) whereby they can be paid as quickly as 3-5 days using the electronic payment facilities built into cloudbuy, or in most cases by month end, greatly improving their cash-flow. einvoicing delivers greater visibility and control providing buyers and suppliers with incremental benefits, the ability to capture discounts and optimize working capital. Secure Payment cloudbuy s supplier websites are PCI DSS (payment card industry data security standard) compliant and built to support all of the advanced trading functionality required to support Global Business to Business (B2B) ecommerce. cloudbuy s technology allows our suppliers ecommerce websites to be securely integrated with their bank of choice, allowing the supplier to take payment securely through the internet from buyers across the world.
5 Procurement Control The cloudbuy ecommerce marketplace has all of the controls required by finance and procurement but with an intuitive consumer interface that makes buying easy for end users and helps drive compliance to contracted goods and prices across the organization. ERP/ Workflow The cloudbuy ecommerce marketplace can be used in conjunction with an Enterprise Resource Planning (ERP) solution such as Oracle or SAP or can be used on a stand alone basis. There is a full work flow module within cloudbuy which allows control and visibility of spend to be mapped down to individual user/individual purchase. einvoicing All suppliers on cloudbuy have the capability to send einvoices from their B2B web site. Once they have delivered the goods or services they send an einvoice which is routed to the buyer for approval in their format of choice. ecommerce Marketplace Supplier managed/buyer controlled content, with a rich consumer user interface backed up by a sophisticated purchasing module to allow mapping of content to users. Typically it takes 2-3 hours per week to administer a large organization s ecommerce marketplace. 3 Way Match Once goods receipt, purchase order and einvoice come together, all electronically, then payment can be authorized. cloudbuy supports multiple configurable approval rules to suit any organization s process flow. Requisition Users enter the ecommerce marketplace through their secure login or single sign on and then fill their basket from all the suppliers available to them. On check out this is split if required and sent for approval. Purchase Order Once approved an electronic purchase order is sent to the supplier for them to action. This can be translated and routed in the supplier s format of choice. Secure Payment cloudbuy is PCI DSS compliant (payment card industry data security standard) and as such connects directly to the banking network. Suppliers on the cloudbuy global emarketplace can be paid through the Visa network, through a 3rd party or on account, including varying payment mechanisms in the same basket to different suppliers. Their B2B websites support this mixture of payments offering complete payment flexibility to the buyer. Need a second opinion? Hear from our customers, who have achieved both savings and efficiencies. The massive cost savings since the introduction of this new system speaks volumes; however the operational benefit is also significant. Our staff have also welcomed the system - not only is it simple to use, they are now able to spend more time on strategic decision making and planning. John Thompson, Procurement Service Manager
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7 Spend Analysis, provides the actionable intelligence required to drive effective, strategic procurement Now, more than at any time in the past, organizations require knowledge to tackle overspend, drive efficiency initiatives and optimize the procurement process. Until recently this knowledge has been elusive due to poor data quality, or a lack of industry data with which to compare and contrast. cloudbuy Analytics does all of the heavy lifting for you by processing and enriching your data to deliver the analysis and actionable intelligence needed to drive your procurement agenda both now and in the future. The potential is there, and cloudbuy Analytics is your route to realizing it! It is no secret that utilization of Spend Intelligence capabilities will directly contribute to the bottom line and is now considered a must have capability for serious procurement practitioners. Identification of cash releasing procurement opportunities coupled with an agile activity plan is the key to rationalizing and reducing spend, cloudbuy Analytics provides you with a forensic capability which speeds the delivery of meaningful intelligence and drives the value release process. Knowing there is potential for an efficiency program is just the first stage, take your initiative to the second stage and identify the scale of latent opportunity in your supply chain using our Benefit s Calculator. Generating a tailored view of the benefits, the cloudbuy solutions are instrumental in assuring cost effective delivery of tangible results. Transforming Data cloudbuy transforms your existing data and adds value by benchmarking it with anonymized intelligence from a global community. A few simple extracts of invoice and purchase data is all that is required for cloudbuy Analytics to match products, suppliers, analyze procurement metrics and deliver back a rich set of reports and analysis that will empower both procurement and management teams to make better business decisions which have a positive impact on the bottom line. With confidence, you will be able to evaluate and implement strategies which rely on knowing : spend by supplier, current and past product mix, purchase volumes, buying patterns, pricing (past and present), contract utilization, how your prices benchmark against other organizations, order frequency, category coverage by contract, cost code and departmental spend profiles.
8 Need to get started? Contact us Scan the code to visit our website. At you will find all the information you need to know we are the right solution for you. Scan the code to request a demo online. Or visit to access our online request form. For more information please visit our website at www (AUS) (UK) (US) (IND)
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