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Puridiom allows individual business units to procure in their own languages, currencies, taxes, budgets, approval structures, etc., by Puridiom's power to rollup global procurement activities. The entire procurement activities of the organization, ie, spend and savings, (to drive accountability) is captured and reportable at the global level, but leaving autonomy at the ‘local’ or ‘business unit’ level, allowing these units to conduct their own procurement strategies.
Multi-company Structure
Puridiom enables global procurement strategies through multiple company structures that captures local or business unit level activites and rolls up system activities to the global level, reporting the 'big' picture aggregates for insightful spend anaylsis. Puridiom creates an umbrella of procurement activities, based on your organizational structure, to capture and report activities at any organizational level. Business units function autonomously of each other via requisition approval structure, accounting structure, budgets and currencies while Puridiom aggregates procurement activities at the global level.
Multi-language Interface
Puridiom's flexible system allows organizations to designate user's with a specific 'Locale' so that the user will view Puridiom with that Locale's company, language and currency structures. For example, user's whose locale is "US" (United States) would view the entire Puridiom system in English with the local currency of USD (US Dollar), while user's whose locale is "ES" (Spain) would view the entire Puridiom system in Spanish with the local currency of EUR (Euro).
Multi-currency Configurations
User locale's drive which currency code is to be enabled in Puridiom's system per user. Puridiom designates a "Base" currency in which to aggregate all purchasing activities into meaningful reporting data so that the global enterprise can compare "apples to apples" across the global organization. Each procurement action captures currency data as it occurs, and is updated with current currency exchange rate information on a periodic basis as defined by the global organization.
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