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More than ever, law firms are seeking ways to drive savings to their bottom-line while increasing process efficiencies across the entire firm. Additionally, they are also feeling the pressure from partners, as well as from savvy clients demanding greater fee discounts or limiting the amount firms can recover. E-Procurement is a way to deliver the most compelling results and to serve as the foundation for improving overall performance and compliance. With Puridiom’s e-Procurement suite of products, you can accelerate your savings, improve transactional efficiencies, place more spend under management and ensure compliance…all impacting the organization’s bottom-line and achieving Best in Class results.
Puridiom automates the entire procure-to-pay process by empowering and equipping individuals throughout the firm with innovative tools to perform operational and strategic tasks easier and faster, improve controls and compliance, strengthen client relationships, and manage key spend indicators. This enables the individuals to focus on the goals and objectives of the firm where they can be more proactive and strategic with their actions, providing the competitive edge they need to survive.
Puridiom’s modular design provides the versatility to meet the immediate needs of any size organization and to address the evolving challenges law firms may face as they expand on their e-procurement initiatives. Our procure-to-pay solution offers easy-to-use, feature-rich functions such as online requisitioning, catalog management and punchout, approval workflow routing, budget management, order and contract management, document management, best value sourcing and auctions, supplier performance management, receiving and expediting, inventory and forms management, order fulfillment, asset tracking, invoice matching, and EIPP. Puridiom is available in an on-demand, licensed or outsourced.
In addition to Puridiom’s innovative technology, we offer a wide array of complementary services to help law firms achieve the strategic objectives and accelerate bottom-line results. These services include on-demand (ASP hosting) services, help desk support, cooperative purchasing, supplier enablement, spend analysis, and system integration.
Over the past 24 years, Puridiom has helped our clients streamline and standardize their procurement processes, delivering a real value proposition and offering tremendous opportunity to improve the law firm’s overall performance and increase savings. Puridiom enables firms to be Best in Class organizations which gain the greatest value from their e-procurement “footprint” by driving user adoption, placing more spend under management, and investing in technology and complementary services.
Four basic facts to success:
- $1 dollar saved by procurement goes directly to the bottom-line
- Law firms save from 5% to 20% on every dollar brought under management of the procurement group
- Gain a competitive advantage over your direct competitors through the strategic use of supply management technologies and complementary services.
- E-Procurement is here to stay; any company not currently utilizing some level of e-procurement needs to re-evaluate this decision immediately.
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