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Bellwether Software LLC. Purchasing Management eXtra Presented For: P.O Writer Clients. Hosted By: David Kelemecz. Bellwether Software, LLC. Founded in 1985 – Celebrating our 20 th Anniversary in Second Quarter 2005!!!!!! Corporate Headquarters located in Louisville KY
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Bellwether Software LLC Purchasing Management eXtra Presented For: P.O Writer Clients Hosted By: David Kelemecz
Bellwether Software, LLC • Founded in 1985 – Celebrating our 20th Anniversary in Second Quarter 2005!!!!!! • Corporate Headquarters located in Louisville KY - Sales and Marketing located in Charlotte, NC and a Regional Office in Chicago, IL • Over 600+ customers in several countries • Addressing the needs of procurement professionals in over 15 Vertical Industries
Bellwether Software, LLC • Some of our Customers include: • Quick Chek Food Stores • Detroit Newspapers • Jackson National Life • General Motors Acceptance Corporation • Goodwill Industries • Jay County Hospital • City of Dallas, TX • Tyco Plastics • Kforce.com • Commerce One • ICI Paints • Gateway Foundation
Typical Challenges • Excessive or Lost Paper Work • Complex / Uncontrolled Requisition and Approval Process • Multiple Vendors/ Not leveraging to get best pricing • Maverick Spending • Multiple Locations • Expiration of goods in inventory • Inaccurate or Incomplete record keeping • Vendor Performance/ Good, Bad or Unknown? • Lacking Mission Critical Information or Data to run business or make correct decisions
Bellwether: Customer Quote “PMX is user friendly – very easy to implement. The system has improved our efficiency and saved us significant money. It is very reliable for speed, ease and reports. Managers like the on-line requisitioning, as well as the history reports. PMX paid for itself in six months, and it has reduced our purchasing cycle time by 50%.” Jim Bruce - First Realty Management Company - Boston, MA “We are pleased with all the PMX modules, especially the Requisitions module. Prior to PMX, we had only an internal requisition form, which was walked or faxed around for approval. After the internal form was approved, we had to re-key the information into a purchase order. It was important to have in place an automated requisitions system that could create a purchase order without re-keying. Everything else had been automated in the old system except Requisitions, so this is where we noticed the biggest impact in time savings. Richard Karstensen -Detroit Newspapers - Purchasing Administrator
Why PMX? • Bellwether has provided our partners 20 consecutive year of maintenance support and annual product releases. These releases are made available at no charge to all clients participating in our annual maintenance program • Extensive experience in converting current P.0. Writer’s Vendor and Material files • Experience in converting P.O. History file for several clients
Why PMX? 4.) Extensive experience in converting former P.O Writer clients such as: • Detroit Press - (Case Study Available) • Noridian Insurance • Avon Products. Inc. • Community Bank, N.A. • ABC Packaging and Machine Shop, Inc. • Royal Management • Saint Paul Pioneer Press
Why PMX? 5.) P.O. Writer will not run on Windows XP or other recently released MS Operating Systems 6.) Issues with updated levels of network security and standardization of IT assets
What we provide • Our integrated, modular, e-procurement solution allows organizations to completely automate their procurement process. • PMX strategically leverages the Purchasing Department to directly effect the bottom line. • Every dollar saved in the Purchasing organization goes directly to the bottom line of the business as a opposed to increased sales which has direct and indirect costs peeled from the sales before their impact is applied to the bottom line
Purchasing Management eXtra RequisitionsChallenge: Eliminate paperwork, manual labor and reduce requisition time PurchasingChallenge: Know what your buying, from which vendor you’re buying it from and buy it quickly! ReceivingChallenge: Record Receipts against P.O.’s to eliminate manual labor and lost paperwork while tracking vendor performance
Purchasing Management eXtra Request for Quotations Module Challenge: Automate the issuing of bids to get the best price for the company Accounts Payable Interface (Invoice Module)Challenge: Streamline invoice entry and eliminate redundant work. Provide a three way check between Purchase Order, Invoice and Packing List
Supplier and Systems Integration Designed with Connectivity in Mind Bellwether Software LLC Interfaces: • Blackbaud • Focus • Freedom • Lawson • GEAC • Great Plains • HUON • MAS90/200 • CPSI Accounting Software • Micro Information Products • Accounting Software • Peoplesoft Financial System • And Many others! Email • SMTP / POP3 Punch out • Allows web connections to suppliers capturing important buying information General Data • Delimited datasets, Flat files,spreadsheets, and remote data connections • Import and export managers for scheduling and automating
PMX Summary • Streamline the entire procurement process • Eliminate paper process • Eliminate duplicate work • Reduce errors in processing • Eliminate human error • Reduce Cycle time • Directly effect bottom line saving • Typical ROI within 3-6 months • P.O. Process savings typically 30-50% • 30-90% reduction in Purchase Order Cycle Cost