![[ADAM] December Feature Updates](https://adam-procure.com/wp-content/uploads/2021/03/Untitled-design-edited-800x450-1.png)
[ADAM] December Feature Updates
Goods Received Feature One of the common questions finance and procurement teams ask after a purchase is, “Have our purchases arrived yet?” followed by a, “Should I make the payment now?” If you relate to this struggle, this feature is meant for you and your team. Goods Received (GR) is a feature on ADAM where…
Supplycart Admin
MDEC ADOPTS SUPPLYCART AS A TECHNOLOGY SERVICE PROVIDER
The Malaysia Digital Economy Corporation (MDEC) has chosen Supplycart as one of its technology service providers (TSP), this means that Supplycart is now part of the RM500 million SME grant under the government’s budget 2020 plan. As a TSP, Supplycart fulfils one of the government’s key digitization areas with us offering procurement services via our…
Project Procurement Vs Category Management: Which One Is Right For You
Businesses are streamlining their operations through process and strategic optimisation to build long-lasting value. Over the last decade, attention has turned to the procurement department as companies strive to bring this process to its full potential. In this post, we’ll be looking at what project procurement and category management are and how each can support…
How to improve your indirect spend management
Managing your indirect spend is not only pivotal for your company’s financial standing, but to also have the transparency of the company’s cash outflow and being able to mitigate potential risks that you might face. In assessing your strategies, you have to begin with having clarity between your indirect and direct spend as managing between…
Key Differences between Supplycart and B2C Marketplaces
Venturing into Supplycart’s marketplace (through ADAM), you might be wondering the differences between the offerings there compared to the usual marketplaces such as Lazada and Shopee. At first glance, both marketplaces may appear similar in terms of design and layout, but the various contrasts soon become evident upon browsing further. In the following article, we…
Organizational Implications of Introducing e-Procurement
Improving bottom lines is the aim of every business organisation. Whereas most businesses place emphasis on having sufficient marketing promotions or sales to achieve this, bottom lines are often compromised with the ineffective backend process and the lack of business spend transparency. This, however, can be solved through an e-Procurement system. In this article, we…
What are the Features You Need in Your e-Procurement Software
Regardless of the industry size, acquiring an e-Procurement platform that has all the features you need can be very challenging. With so many features to consider in choosing an e-Procurement software, it may feel tough for you and your organisation to make a decision without the proper research in place. This is why we have…
What to Look for in a Good e-Procurement System?
Over the years, digital technology has given mankind the power to conquer the impossible. It continues to solve man’s greatest challenges, making lives easier. In-fact several businesses thrive on these technological developments and many are gradually gravitating towards digital advancements for its advantages. Discoveries, inventions and innovations always began with a question or a problem…
Getting Stakeholders on Board With Procurement
The role of procurement is constantly changing and new approaches are needed. Procurement leaders transform the old process and replace it with the new ethos, method, and technology. However, the adjustment also requires work from all departments across the organisation to building good relationships with the stakeholders. There is no textbook answer to swiftly transform…
Procurement Risks & Ways to Reduce Them
There might be a general conception in business that risk-taking gives you the chance of success. Perhaps, this is true as business and political leaders in heights of their success quote risk-taking in such positivity. For instance, Thomas Jefferson once said “ with great risk comes great reward”. In support, a research shows that risk-takers…