In an effort to deal with changing market dynamics and due to heavy investments in legacy systems, organisations are looking to find more efficient ways to use their systems with suppliers.
The thinkgroup Supplier Integration Solution enables organisations to continue using their existing systems and connect their suppliers directly into these systems providing them instant connectivity and reduced cost to do business.
The thinkgroup integration solution is secure and able to connect (read and write) to a range of databases and a long list of software packages (especially accounting packages) generally used by suppliers across industries.
The diagram below (Figure 1) illustrates the typical challenges faced by organisations which want to integrate suppliers to improve processes. The customer struggles with managing multiple relationships and entry points into their business and is an inefficient and expensive solution to sustain.
Figure 1: Typical Supplier Integration Model
Using thinkgroup's unique technology solution allows “your” suppliers to be easily integrated (see Figure 2 below), providing a far simpler and more cost effective solution for automation.
Figure 2: The thinkgroup Supplier Integration Model
With integration come the added benefits to the organisation such as; automation of workflows, enhanced reporting capability, increased processing times, reduced business operating costs, enhanced data accuracy, reduced data entry costs, efficient communication with suppliers and last but not least better bargaining power with suppliers.
If you'd like more information about the thinkgroup Supplier Integration solution please call thinkgroup on 1300 36 99 93 or email us at: sales@thinkgroup.com.au