What is an on-demand procurement solution, and what can itdo?
On-demand is a centralized approach to procuring MRO purchases andservice contract bidding without the fuss of housing it allyourself. Among other things, on-demand solutions help commercialreal estate companies avoid the capital and operational expense ofinstalling, integrating, customizing and maintaining servers andother infrastructure. It's a solution that can be deployed veryquickly to standardize workflows, and it returns value equallyfast.

Advantages of bringing purchasing and contract managementunder a central umbrella through on-demand procurementinclude:

• Centralizing control over the entire procurement process;
• Eliminating unnecessary expenditures through greater visibilityand spend management;
• Establishing standard procurement procedures;
• Eliminating paper-based processes;
• Allowing 24/7 accessibility for purchasing, viewing invoices,and comparing bids.

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Efficiency Through Standardization
By defining standard procurement procedures across an organization,on-demand drives efficiencies through uniform product and serviceacquisition. The result: fewer versions of products in the supplyclosets, shorter learning curves, reduced routine maintenancerequirements, and a simpler purchasing process. Furthermore, astreamlined re-ordering process will reduce the opportunities formaverick spend.