Computer Product Supplier Streamlines their Vendor Contract Management
A computer product provider was struggling to keep up with their immense number of contract pricing deals. With numerous suppliers offering pricing deals all the time, not only was it difficult to keep track of which price contracts were current, but which ones would bring the most value to the company. Currently, they were managing well over 2000 pricing contracts each month for items such as printers and computer accessories. Because offers were stored and tracked in an Excel spread sheet human data entry and manipulation errors commonly affected their purchasing. Finding the right contract to use for an order was a very time consuming process, given how many price contracts they were managing.
Finding a Microsoft Dynamics GP Integration to Streamline Purchasing
When the computer provider began searching for a solution to their vendor pricing management, they were pleased to find a product already existed that was fully integrated with Microsoft Dynamics GP. Binary Stream Software’s Vendor Contract Pricing & Rebates offered the computer product provider an effective way to track, manage and optimize their vendor contract pricing selections during purchasing, with a minimal amount of effort.
Managing Vendor Contracts
The key benefit that Vendor Contract Pricing & Rebates could provide the computer product supplier was that of more formally tracking and managing their vendor contracts. By moving away from their traditional spreadsheet system, they would be able to eliminate most human data entry and manipulation errors. Within this integration, expired contracts would be sorted out of the available selections for new orders and optimal contracts could easily be found and applied to an order.
Optimizing Vendor Pricing Selections
During order creation, the Vendor Contract Pricing & Rebates would automatically select the optimal pricing from the available contracts, within the order parameters. If the computer product provider did not want to use this contract yet, options were available to quickly change the contract to another offer for the current order. This functionality would greatly streamline the contract selection process and would cut down on a great deal of time.
After the product had been fully reviewed, the computer product provider decided that it would be a worthy addition to their Microsoft Dynamics GP system.