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Whether you’re just starting up your own small business or you’re the head of a purchasing department in an established company, it makes sense to automate your purchase requisition process. Today’s options for automated solutions are broader, more affordable and more accessible than ever before, making now the perfect time to bring your purchasing systems up to date. Faster processing times, cost savings and better control are just some of the benefits that you can enjoy with purchase requisition automation.

 Business Life in the Cloud: Traditionally, automating workflow required buying expensive software products and integrating them into existing office hardware. With the advent of cloud computing, businesses can now opt to pay a nominal fee to use online software rather than buying it outright. It’s a system based on the concept of Software as a Service (SaaS) rather than viewing software as a tangible product. There’s no licenses to buy, no special training necessary and no need to hire IT personnel to implement the program.

Purchase Request Automation: SaaS solutions for purchase requisitions make it easy for businesses to generate purchase requests from virtually any location. All that is needed in an Internet-enabled device, such as a personal computer, smart phone or tablet. Purchase request automation speeds up the requisition process by giving both users and approvers instant access to any request in the system. The best systems can generate instant reports as well, allowing you to track, monitor and analyze your business costs on the fly.

Cost Savings: With no downtime waiting for approval and no paper trail to follow, automated purchase requisition programs can significantly reduce your overall operating costs. Faster processing times speed up business operations and make it easier for you to track costs and make improvements. Because each person that accesses a purchasing request sees the request in real time, employee productively is also increased. Employees won’t have to waste time making phone calls trying to determine the status of each request.

The ability to access any purchase request that someone in your business generates from any location offers you better control over your company’s purchases. For a nominal investment, you’ll enjoy all of the advantages of a large corporation equipped with sophisticated IT, accounting and purchasing departments without the risk or expense. Quality automated purchase requisition systems ensure that the goods and services that your business needs to succeed are procured promptly and processed quickly every time.

 

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More Stories By Suresh Sambandam

After an initial entrepreneurial stint for three years at the age of 19, Suresh Sambandam went on to work at Hewlett-Packard. Later, Suresh joined Selectica and rose to senior position, as Director of e-Insurance product division in a short-span. The e-Insurance division and its products were later acquired by Accenture. Suresh is a technocrat specializing in product engineering with expertise in software architecture for complex enterprise applications, inference engines, configuration engines, rule-based computing and enterprise middleware. He has applied for multiple patents. Suresh is passionate about entrepreneurship, technology startups and spends a significant amount of personal time in the start-up ecosystem in Chennai. Suresh is a member of the National Council for Emerging Companies Forum and also a core committee member of Product Forum at NASSCOM. He also does mentoring for budding entrepreneurs at IIT Bombay, E-Cell. Suresh is a regular speaker at various industry forums & academic institutions.

Suresh is the Founder & CEO of OrangeScape. OrangeScape is a platform (PaaS - Platform as a Service) to develop process oriented business applications that can be deployed "On Cloud" and "On Premise". OrangeScape supports platforms like Google App Engine and Microsoft Azure as cloud deployment option and Microsoft .Net and J2EE as on-premise deployment options. OrangeScape has 50+ customers including global brands like Unilever, Citibank, Pfizer, AstraZeneca, Fullterton, etc. OrangeScape in the only Indian company has been featured in the PaaS research reports of Forrester and Gartner. OrangeScape has been featured as 'India's Rising Tech Stars' by Forbes(US) magazine. OrangeScape was showcased as one of the 3 emerging product companies in India by Nasscom and was also awarded 'Top IT Innovations' for 2 consecutive years.