Big or small, businesses rely on their procurement function to create savings and value by keeping spend under control and supplier relationships strong and positive. But if your organization is still relying on manual workflows and paper-based procurement processes, you’re missing out on the most important benefits of BISTA procurement management software.
In the world of competitive and complex economic environment, companies need powerful and responsive tools in order to extract maximum cost savings from procurement while helping their organizations shift the role of procurement processes toward value creation.
The benefits:
Reduced lifecycle times for purchase orders, invoice processing, and other P2P workflows
Improved spend transparency and visibility across procurement
Improved spend control and security
Supply chain optimization
Invoicing consolidation and optimization
Improved access to supplier performance metrics
Less nonconformist spend
More effective negotiations and more competitive pricing through improved supplier relationship management
When it comes to growing your business, one of the biggest challenges lies in managing your inventory. In fact, as your order volumes increase and you start to expand across more sales channels and into new markets, attempting to manually manage your operations becomes near impossible. Do you currently have to log in and out of your different selling channels to list your products and process your orders? Are you having to manually adjust your stock levels on each platform every time you make a sale?
Not only are these huge barriers to business growth, they almost always result in human error, which leads to a damaged reputation at best and marketplace suspension at worst. Now while this in itself highlights the importance of inventory management, it’s not the only reason to consider using a system of this kind like (BISTA IMS).
BISTA Inventory Management System (BISTA IMS)
Simplified inventory management
Reduced risk of overselling
Greater cost-savings
Avoidance of stock-outs and excess stock.
Improved business negotiations.
Better product visibility in the event of a recall.
The ability to make more profitable business decisions.
You will be able to reduce costs and risks by using BISTA CMS.
With BISTA CMS, all your contracts will always remain well organised.
All your contracts are accessed electronically and instantly, anywhere you are.
With automatic reminders of important dates and contract milestones, monitoring contract status and activities is very simple. Having all contract billing details in one place means it is easy to get full transparency over your contract financials.
BISTA CMS keeps your data private and safe with TLS/SSL and file encryption, ensuring what is yours stays yours. More effective negotiations and more competitive pricing through improved supplier relationship management.
The benefits:
No more contracts asking for your unplanned attention
A complete overview at any time
Plenty of time to look at alternatives
Greater chance of realizing savings
Risk reduction
Transferability of management in case of illness or departure of employee
Professional attitude towards the contracting party
More effective negotiations and more competitive pricing through improved supplier relationship management
The need for financial management software continues to grow at a rapid pace.
Accounting and finance processes are becoming increasingly complex,
making them harder to coordinate, execute, and track. At the same time,
the laws and guidelines that govern those procedures, as well as the data
they generate, are becoming more rigid and more intricate, posing the risk
for stiffer fines and penalties for non-compliant companies.
More and more organizations are turning to financial management software
solutions to help meet the challenges associated with consolidating,
streamlining, and automating their most mission-critical tasks and
activities and guaranteeing compliance with existing, changing, and emerging regulations.
What specific value does BISTA financial management software package
really offer?
The benefits:
Streamlined Accounting and Finance Processes
More Accurate and Accessible Financial Information
Facilitate Regulatory Compliance
Better Strategic Planning and Analysis
BISTA Document Management System (BISTA DMS) simplifies document access and storage across all departments and functions.
You can configure system notifications and email settings when files are ready for review and approval, and teams can immediately view revisions, document updates, approvals, and more.
Equally important, you’ll have a centralized repository for simple identification, distribution, access and retrieval, storage and preservation, version control and retention/disposition of documents.
BISTA DMS organises important information across departments so the right people have access to the right content whether they're in the office or working remotely.
Quickly locate files and view documents across the departments by centralizing and organizing content in a repository with comprehensive search capabilities.
The benefits:
Time saving
·Security
Scaling
Easy document management
BISTA Fixed Asset system (BISTA FAS) automates the process of tracking assets through the various stages in the asset lifecycle, from acquisition through disposal. With this module, a business can improve the efficiency and financial strength by maintaining its existing assets while avoiding unnecessary equipment purchases and upgrades.
BISTA FAS allow users to easily manage fixed assets, with end-to-end visibility
into the management process, from acquisition until disposition.
BISTA FAS Continuously record and maintain asset details and relevant documents in a central document management repository, thereby eliminating dependency on physical records. Generate reports on asset status—especially related to aging and depreciation—and notify users of status updates with rule-based alerts.
The benefits:
Tracks and reports asset information, including condition, insurance status, and maintenance logs.
Notifies you about when and how much quantity of parts of your assets to order.
Monitoring the operations across your enterprise through a single dashboard.
Manages the life cycle of your fixed assets.
BISTA Document Management System (BISTA DMS) simplifies document access and storage across all departments and functions.
The benefits:
Live payment tracking
Custom reports
Fast, unlimited payroll runs
Intuitive dashboards and controls
Integrated with HR management software features
BISTA HRMS lets your employees submit timesheets and expense claims
quickly and easily, without the need for manual forms and authorization
requests.
The benefits:
Tracks and reports asset information, including condition, insurance status, and maintenance logs.
Notifies you about when and how much quantity of parts of your assets to order.
Monitoring the operations across your enterprise through a single dashboard.
Manages the life cycle of your fixed assets.