Pelican, procurement and supply chain management specialists [www.pelicanbuying.co.uk] have launched a new cloud-based procurement system called Pi designed to provide visibility, management and control over purchasing spend, budgets, stock valuation and supplier invoices.
The Pelican Pi portal supports operators to ensure purchasing expenditure is in line with set budgets, and sends alert notifications if budgets are close to being exceeded. Invoices are automatically added by Pelican into Pi, meaning clients are not required to manually input purchase information, creating time and efficiency savings.
Shabaz Mohammed, managing director of Pelican said: "Sometimes managing suppliers and fully understanding the supply chain can be difficult. Even getting clear visibility of what's being purchased across the business can be a time consuming process.
"Pi displays your purchasing data as easy to understand, detailed graphs, helping you to see what's actually happening to your supply chain within your business, at any time."
Other features include: top-spend product items, contract compliance, stock management and GP analysis and reconciliation of supplier invoices across multiple budget holders.