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EY OpsChain Network Procurement

Engage in a procurement workflow by issuing RFQ’s, contracts, purchase orders, and invoices across your network of trusted business partners.

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Free for individual use

Sourcing and contracting

Receive bids and create contracts for on-going procurement operations

Issue a request for quotation for up to two business partners, select the winning bid, and draft a contract with terms and conditions that includes a volume rate table for a product.

On-going procurement operations

Issue purchase orders and invoices while keeping track of aggregate spend and volumes

Calculate prices based on previously agreed upon terms and conditions, automatically track and update aggregate volumes, and issue invoices once goods receipt has been confirmed.

Automation

Calculate purchase order prices based on previously agreed upon contracts, thereby increasing data accuracy and reducing manual reconciliation efforts

Scalability

Easily on-board new business partners and expand the procurement network without the need to upgrade existing IT infrastructure or ERP instances.

Transparency

Contracts terms and conditions can be referenced by authorized parties at any point in time to ensure compliance.

Ready to get started?

Start here

Free for individual use