Elcom develops a range of on-demand eProcurement and eMarketplace Systems for both Private and Public Sector clients around the world. Our flagship eProcurement application has been powering the award-winning eProcurement Scotl@nd Service since 2001 and is also an integral part of the Visa eMarketplace that links eProcurement and ePayment in a single, easy to use, service. Individual clients can also benefit by deploying Elcom's solutions as a discrete system for their own use.
As well as addressing the requirements of procurement professionals who want to improve their requisitioning and purchase order functions, Elcom's solutions cover supplier discovery, contract management, eTender and eAuction capabilities, catalogue management, supplier automation, eInvoicing and eSettlement. This ensures that all supply chain participants benefit from the improvements and efficiencies that can be gained from an integrated, end-to-end process.
We are also able to offer innovative financial settlement solutions that enable our customers to benefit not just from process improvements and contract compliance, but also to make their money work harder for them in these challenging economic times.
Elcom develop a range of on-demand eProcurement and eMarketplace Systems for both Private and Public Sector clients around the world. Our flagship eProcurement application has been powering the award-winning eProcurement Scotl@nd Service since 2001. As well as being available to individual customers as a fully-integrated solution, Elcom's P2P System, PECOS, is also now available as an integral part of the Visa eMarketplace that links eProcurement and ePayment in a single, easy to use, service.
Elcom's mission is to enable our customers to realize the true benefits of an end-to-end eProcurement process. Unlike many competing solutions, which break the electronic transaction into paper-based documents that require expensive and time-consuming manual processing, Elcom's solutions are truly seamless. We champion the re-use of data time and time again from supplier-provided content, through Purchase Order creation based on that content and subsequent Receipting and Invoicing. This allows our customers to process purchasing documents quickly and effortlessly and focus their expensive human resources on value-add activities rather than mundane transactional processing. By bringing both buyers and suppliers into this environment, Elcom helps both parties establish mutually beneficial commercial relationships that are based on delivering goods and services that are low cost to both procure and deliver, thereby enabling both parties to concentrate their energies on adding value to each othersâ€™ business.
Elcom offers its customers solutions that are designed to automate the entire Purchase to Pay process including sourcing, requisitioning, order management, receiving, financial settlement and reconciliation, and spending analysis. Our partners and customers continue to create solutions for the wide variety of challenges that face their businesses by selecting from a list of best of breed applications. Today, Elcom's solutions are used to automate procurement, create online marketplaces and to help suppliers differentiate themselves from their competition. Elcom's suite of eProcurement and eMarketplace solutions addresses the markets need for fully featured, and tightly integrated, systems that extend beyond the current generation of on demand spend management solutions and provide both buyers and suppliers with a positive feedback ecosystem. Contact Elcom