Streamline procurement process

With this use case, track and automate the entire procurement cycle from A to Z.

Best for

#Budget Owners
#IT
#Finance

Overview

Streamline procurement processes and discover how to manage your team's workload efficiently so they can focus on crucial negotiations. Utilize real-time data and key metrics to better understand remaining budgets, and pinpoint where procurement requests are stalling in order to move fast. With this use case, see how you can:

1

Track and route all employee procurement requests to the relevant stakeholder in order to avoid any delays.

2

Get a real-time budget overview across different teams and departments on what's been spent versus planned.

3

Measure and streamline procurement processes throughout your company with specified KPIs based on spend, quality, time, and cost.

4

Spend more time on negotiations by effectively managing your team's workload in order to promote balance, not burnout.

5

Create full transparency and ownership throughout the goods and services approval process-from outlining potential costs to tracking progress.

Try out this use case

Template version includes:

Full solution includes:

See it in action

A deep dive into a high-level procurement dashboard on monday.com, highlighting every aspect of the procurement cycle.

Results by the numbers

30

%

20

h

6

x

more yearly savings
saved monthly
ROI per year

"That helped us increase our capacity and complete significantly more requests per quarter. And because we were able to prioritize important negotiations, we achieved the savings results we aimed for."

Or Silony
Procurement Specialist | monday.com

Integrations & Apps

Implementation time

3-5

hours

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Overview

Streamline procurement processes and discover how to manage your team's workload efficiently so they can focus on crucial negotiations. Utilize real-time data and key metrics to better understand remaining budgets, and pinpoint where procurement requests are stalling in order to move fast. With this use case, see how you can:

1

Track and route all employee procurement requests to the relevant stakeholder in order to avoid any delays.

2

Get a real-time budget overview across different teams and departments on what's been spent versus planned.

3

Measure and streamline procurement processes throughout your company with specified KPIs based on spend, quality, time, and cost.

4

Spend more time on negotiations by effectively managing your team's workload in order to promote balance, not burnout.

5

Spend more time on negotiations by effectively managing your team's workload in order to promote balance, not burnout.

See it in action

A deep dive into a high-level procurement dashboard on monday.com, highlighting every aspect of the procurement cycle.

Top use cases

https://efficiencyimpact.monday.com/use-case/streamline-procurement-processes