Enhance control - Improve savings - automate inventory update

MDSL’s Procure-to-Pay (P2P) solution, RPM works in conjunction with MDSL’s leading expense management software solutions. RPM automates and controls the entire procurement workflow from the initial web-based request through internal multi-level electronic authorization against customizable business rules, RPM generates an electronic purchase order for the desired services and ultimately updates the asset inventory with all technical, billing and charge back information. RPM improves expense management, reduces processing time and costs, enhances accuracy, ensures compliance and provides a full and detailed audit trail.

Control purchasing

Without an effective procurement solution, organizations are forced to rely on paper-driven and often error-prone purchasing processes that waste time and money. Frequent maverick buying hampers visibility and the ability to effectively leverage the corporate spend.

RPM, integrated with MDSL’s expense management solutions, delivers a flexible and secure solution that provides an easy to use requisitioning and procurement capability for handling complex assets. RPM automates the full purchasing cycle enabling users to choose from a catalogue of products or issue competitive tenders for a new service.

Improve cost savings

For large organizations, even a 5 to 15 percent reduction in maverick purchasing can lead to millions of dollars in savings, as every dollar saved has a direct impact on the organization’s bottom line.

RPM provides financial and purchaser control by implementing a closed loop request and procurement cycle. The RPM solution enables a simple and quick requisition process and enables a user-friendly interface and pre-sourced catalogs tailored to customer’s requirement.

A consolidated, accurate repository

The foundations of effective cost management systems are based on single, accurate and up-to-date asset repository. Typically, this repository is populated with source data from procurement, automated asset discovery tools and manual entries from physical inventories.

RPM enables new or canceled services to be automatically updated into the foundations system which enable the organization to track and manage financial and operational details of every asset including the asset's relationship to other assets, financial and operational records, the asset's owner, the owner's entitlements, service records, inventory and retirement status.

Interconnect with existing corporate procurement systems

General purpose procurement systems such as Ariba or Commerce One, work well with generic consumption products but often companies are hesitant in using them because of the intricacies of complex purchase processes such as Telecoms sourcing.

RPM integrates with companies’ existing corporate procurement systems, by using the existing common interface; end-users are able to order complex services. The incumbent procurement system triggers the RPM system to initiate the display of a catalogue of available services, the cost of the service, through contracted vendors or go through the more complex work flow of lease line ordering where a bid for quotations will be sent to vendors.

Integrating RPM with the existing corporate procurement solution produces efficiency and provides management complete control throughout the procurement cycle from request to payment while maintaining a standard interface for all users.