Electronic Procurement directs spend to your contracted suppliers by enabling an eCommerce shopping environment that connects you to your supplier’s catalogs of contracted items and services. Procurement transactions are no longer reactive and subjected to fulfilling requisitions. Instead, strategically sourced contracts can be enabled as catalogs for simple shopping cart ordering.
Ion Wave’s Contract Catalog system provides functionality for users to shop catalogs via their internet browser and submit electronic orders. The system supports flexible approval rules, allowing authority figures to review and approve, edit, or reject orders. Once the order is approved, purchase orders can be sent to vendors.