Puridiom

Contact


Technical Services Associates, DBA Puridiom
2 Kacey Court
Mechanicsburg, PA 17055

Toll Free: 800-388-1415

Phone: 717-691-5691

Fax: 717-691-5690

Where We Are Located



VIEW DIRECTIONS

ePROCUREMENT

Puridiom provides the most comprehensive eProcurement solutions to automate, analyze, and track trends in purchasing to control and minimize maverick purchases. Easy-to-use tools enable users to complete tasks with greater visibility and cost efficiency.

Procurement and AP Solutions

Puridiom provides the solutions to your procurement problems. From front end requisition and approval workflows, to comprehensive procure-to-pay solutions, the procurement experts at Puridiom can help you analyze and find the solution that is best for your organization.

Further, Puridiom provides easy-to-use front-end procurement functionality for organizations with existing ERP systems. Requisition, purchase order and an efficient approval workflow processes are available to provide an efficient eProcurement process.

PROCURE-TO-PAY

Your roadmap to procurement transformation success.

Puridiom Defines Procure-to-Pay

A Procure-to-Pay solution is designed to encompass the entire purchasing process from requisition to paymet, including purchase orders, receiving, invoice reconciliation, and management of vendors and suppliers. A good Procure-to-Pay solution comprehensively automates all of these processes to make them flow seamlessly while collecting the data necessary for CPO/CFO business planning.

This type of solution is recommended for organizations with little or no procurement automation and is looking to transform procurement into an efficient and cost-effective process.

Puridiom procure-to-pay solutions are available on cloud and licensed platforms. Modular design allows you to select only the pieces of the procurement solution that your organization needs, and allows you to add as you gain functionality.

Procure-to-Pay modules include:

SOURCING

Sourcing Solutions to Achieve Maximum ROI

eSourcing Solution

Puridiom eSourcing offers the tools to enhance, improve and accelerate the sourcing process. Your strategic initiatives can be guided by considering cost, unique requirements, project trade-offs, delivery timeframe, supplier performance, and risk factors.

Puridiom eSourcing includes:

  • Robust RFx engine
  • Online collaboration
  • Bidding events (including auctions)
  • Questionnaire-based analysis
  • Best and final negotiations
  • Approval workflows through the entire process

With Puridiom eSourcing you will have accelerated sourcing cycles, improved spend visibility and compliance. In addition you will gain valuable market intelligence, maximize buying power, achieve greater cost savings, and obtain quicker decision support.

Puridiom eSourcing includes Solicitations and RFQ features as well as Bid Board and eAuction options.

"Many enterprises have achieved full ROI from their solution investment after a single sourcing event."

- Aberdeen Group

CONTRACT MANAGEMENT

Superior Contract Compliance Solutions

Poor contract management within an enterprise can result in fragmented procedures, labor-intensive processes, poor visibility into contracts and terms, ineffective compliance monitoring and management, and inadequate performance analysis.

Puridiom Contract Management manages all of the activities involved in creating and supporting a contract, from writing, negotiating, executing, ensuring compliance, storing and retrieving contract information, as well as reporting and analysis.

Puridiom offers:

  • Easy-to-use Contract Document Generation
  • Document Repository and Contract Warehousing
  • Milestone and Event Tracking
  • Approval Workflow Routing
  • Contract Templates and Extensive Clause Library
  • Contract History & Audit Trail
  • Supplier Contract Performance
  • Contract Reporting and Analysis

The Puridiom Contract Management Solution provides overall improved supply management through better sourcing options, contract negotiations, and increase savings with contract compliance.

"Within the next two years, the percentage of a company's revenue that is dictated by contracts will increase from 56% to 68%, on average."

- Aberdeen Group

"On average, enterprises lose 9% of their revenues due to regulatory penalties, missed deadlines, lost sales, 'maverick' pricing and transactional errors."

- Aberdeen Group

INVOICING

Automate, record, and match invoices within the procure-to-pay process

PURIDIOM INVOICING

Puridiom Invoicing automates the receiving and recording of invoices by eliminating manual data-entry is and matching the invoice to the purchase order and receipt transaction.

With Purdiom you can:

  • Create debit or credit vouchers from existing purchase orders, receipts or from scratch
  • Three-way invoice matching between the order, receipt and voucher
  • Pay your invoice with a single click of the mouse if the order, receipt and voucher information match
  • Load information into your payable system through a seamless, easy-to-use A/P Interface

EIPP

Puridiom's Electronic Invoicing Presentment & Payment (EIPP) solutions allows suppliers to invoice buyers over the internet quickly and securely while managing the processing and payment of invoices online.

With This Process You Can:

  • Streamline and standardize invoice delivery to payees
  • Accelerate payee approval by enabling online review, dispute and adjustment processes
  • Automate invoicing and payment, making it more efficient, accurate, and cost effective

EIPP Benefits

Benefits include automation of the entire purchase-to-pay cycle to improve efficiencies, lower costs and greater control over the financial supply chain. Buyers using EIPP are able to process invoices more efficiently, save money by not paying erroneously billed items and services, and take advantage of discounts not previously available.

OUTSOURCING

Business Process Outsourcing

Business Process Outsourcing (BPO)

Outsourcing procurement, accounts payable or invoicing services is an alternative for organizations that wish to reap the benefits of these services, but do not have the resources or the desire to create and maintain on its own. Puridiom has 30 years of supply chain experience and a network of partners that can provide the expertise needed to manage these services.

Specifically, Puridiom provides:

  • Procurement: Puridiom leverages its 30 years of experience and expertise in procurement to find the best buyers, vendors and suppliers for your organization, providing the most cost-effective procurement function for your organization.
  • AP Invoice Processing: AP Invoice outsourcing converts paper invoice and other documents into electronic images and stores them in the Puridiom Electronic Filing Cabinet. Invoices can be fed into existing AP, P2P or Puridiom P2P software.
  • Bill Payment, PCard and Bank Card: Bill payment options such as check, EFT, ACH vendor payment management are available as well as PCard and Bank Card rebate program with level 3 reconciliations.

ACCOUNTS PAYABLE

Automation and Outsourcing Solutions

The Accounts Payable Outsourcing (APO) Advantage

  • 76% - 94% Lower invoice processing rates
  • 51% - 59% Faster Invoice Processing
  • Enable Supplier Visibility, while Strengthening Supplier Relationships
  • Increase Savings Through Payment Discounts
  • Improve Cash Flow Management
  • Ensure SOX Compliance

The Puridiom AP Outsourcing solution allows customers to outsource all or part of their accounts payable business functions. Puridiom APO services incorporate an end-to-end solution for managing receipt, processing, and payment of your invoices. By outsourcing the accounts payable function to Puridiom, organizations can lower transaction costs up to 50% and experience an average of 85% lower invoice processing rates. Additional savings may be achieved through the streamlining of the AP department and the reallocation of resources.

The Puridiom Accounts Payable solution is also available for organizations that prefer to keep their AP function in-house.

The automated AP solution systemically and efficiently manages invoice receipt, matching and reconciliation, review and approval, and payment authorization and disbursement This will transform a paper-based, labor-intensive process into a streamlined and strategic focused operation.

Puridiom enables you to take complete control of your accounts payable function and reduce your costs, speed month end close, and ultimately increase your bottom line.

"Enterprises that invest in technology, outsource, or employ some combination of the two gain a competitive edge over their competitors and are in a better position to proactively manage their business. AP departments that do nothing for another year will continue to lose ground on their competition."

- Aberdeen Group

"As a critical multi-faceted cog in the cash management machine, the AP function is ripe with opportunity for transformations that will deliver value to the organization and outsourcing is proving to be a beneficial solution."

- Aberdeen Group

INVENTORY MANAGEMENT

Manage Your Inventory Efficiently

Inventory Management Features

Puridiom's Inventory module organizes and manages the stock levels for inventoried items and forms.

Puridiom Inventory Features:

  • Tracks and manages bin locations
  • Allows for the inclusion unique information to help classify and manage items
  • Uses Forms Management for the capture of detailed specifications
  • Includes Monthly usage and forecasting tools
  • Automatic or manual backorder capabilities
  • FIFO and LIFO supported
  • Tracks Order/receipt history as well as logging transactions for auditing purposes

TRAVEL MANAGEMENT

Travel Management Simplified: Travel Better, Spend Less

Puridiom Travel Management (PTM)

Puridiom's unique approach to travel management applies proven procurement practices to corporate business travel, helping businesses implement and adhere to an effective travel management policy. Travel becomes visible and a very big piece of spend controlled under management.

HOW PURIDIOM TRAVEL MANAGEMENT WORKS

Puridiom Travel Management (PTM) is unique because it handles the life cycle of the business trip end-to-end. From planning, to travel spend management, and expense reporting, PTM covers all aspects of the corporate business trip. Itinerary planning includes all bookings; flights, rental cars, hotels, as well as optional peripherals such as conference fees, etc. Bookings can be made with an online booking tool, or through your travel agent. Once the itinerary is set, the trip is submitted for approval. Bookings are not purchased until the trip is approved and a purchase order is issued. Any changes along the way can also be handled, with the required approval processes. Once a business traveler returns, expense reports can be submitted for additional approvals and processing.

PROCUREMENT AND TRAVEL MANAGEMENT

The objective of procurement is to make sure that the right amounts of product are supplied to buyers, in order to ensure the continuous supply of products in the market in an effective and cost-efficient manner. In the travel world, that means acquiring trip itineraries to result in the best outcome, based on the pre-set company-based policies. With Puridiom Travel Management, all travel, regardless of how it is booked, on-line or through a travel agent, goes through the procurement process, tracking and accounting for every transaction. In this manner, travel becomes visible and becomes a very big piece of spend controlled under management.

"Introducing procurement practices to travel management increases savings of total annual travel spend by 11% on average."

- Business Travel News, April 2009

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