epsys the leading e-trading platform developed specifically for food service operators
The benefits of epsys to your business
Whether your objective is to streamline the workload associated with processing the many hundreds or thousands of financial transactions carried out within your business or to maximise and then maintain your procurement position; epsys has the power to help.
epsys has proven itself within the complex hospitality sector and has demonstrated its ability to vastly improve the procure-to-pay processes by addressing all of the key challenges that exist where multiple catalogue purchasing is required.
Organisations benefit from deploying epsys e-Procurement services in three distinct ways:
- Your Purchasing function gains complete control of the supply chain arrangements presented to your operational estate
- Your Operators gain access to a system which manages their order and receipt process (and a number of additional optional tools)
- Your Finance team enjoy the benefit of receiving reconciled invoice and accrual files directly into their system.
Overall the benefits of epsys are summarised as follows:
- increased purchasing control
- reduced administration costs associated with order, invoice and credit processing time
- reduced administrative errors
- enhanced management information specifically designed to target operational improvement
- improved purchasing analysis with real time product level detail
- enhanced financial control with full order to pay transparency
- more accurate and instantaneous point of order budget control
- 100% invoice and catalogue price control
- improved supplier performance measurement
- reduced operational costs associated with supplier management
Choosing to use epsys e-Procurement services within your business will open up the opportunity to benefit from a series of optional features such as:
- fully automated invoice and statement reconciliation
- dynamic recipe and menu costing and recipe driven ordering
- integrated stock control solutions
- localised finance reporting
- stock / margin control
Key benefits
epsys specifically addresses a number of key challenges which often arise within organisations who need to control their spend throughout their estates, namely:
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Streamlining workloads
associated with the processing of the many financial transactions carried out both at individual units and head office.
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Time saving
electronic automation of day-to-day processes and business reporting transforms operational efficiency.
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Finance system integration
seamless transfer of key trading data and reconciled/accrued invoice files into your main finance system.
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Complete invoice and catalogue price control
ensures that orders are placed against agreed prices to maximise financial potential.
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Standardised ordering system
build multiple supplier orders across diverse categories from one screen set.
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Point of order budget control
promotes correct phasing of purchases through a budget cycle.
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Reduced administration costs
associated with order, invoice and credit processing time.
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Reduced administrative errors
automatic, line by line invoice checking to identify creep and other errors.
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Enhanced management information
specifically designed to target buying effectiveness and operational improvement.
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Comprehensive purchasing analysis
with real time, product level detail.
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Improved financial control
with full order to pay transparency.
-
Reduced operational costs
associated with supplier management.
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Increased accuracy
with instantaneous point of order budget control.
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Improved supplier performance
through integrated supplier KPI tracking.
