JAGGAER ONE 20.3 Enhances User Experience And Adds Supplier Assessment, Contract Risk Analysis And Sourcing Optimization Features
Enhancements help eliminate the routine while providing greater intelligence for strategic sourcing and procurement
JAGGAER’s latest software release offers its customers an even better online shopping experience, a 360o view of suppliers across the source-to-settle purchasing process, AI-driven analysis of contract risk, new AI-driven sourcing optimization capabilities and many other new enhancements that will deliver value to buyers and sellers.
“Collectively, the enhancements we are announcing today amount to further progress on the journey toward the automation of routine procurement processes, together with the addition of new layers of intelligence that enable procurement professionals to play a more strategic role in their organizations,” said Jim Bureau, CEO of JAGGAER.
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The JAGGAER ONE 20.3 software suite offers users an enhanced online shopping and invoicing experience. The eProcurement and Invoicing modules have been streamlined to make it easier for users to search for, find and requisition the goods and services they need.
“In current market conditions it is vital for organizations to broaden the adoption of eProcurement to eliminate maverick or off-contract send,” Jim Bureau said. “With this new release we have updated the shopping cart, requisition, purchase order and invoicing user interfaces to make the whole process more like the online retail shopping experience familiar to non-specialist buyers,” he added.
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The Supplier Management+ module in 20.3 places more supplier management resources at customers’ fingertips. It simplifies and streamlines supplier qualification and onboarding. It combines universal and category assessments, enabling users to assign a single assessment status to suppliers, which suppliers can update at any time.
Supplier Management+ also makes it easy to delete duplicate, redundant or “onboarded by mistake” suppliers and generally enables easier rationalization of the supplier base. “With Active Supplier 360o the supplier is in view anywhere in the source-to-settle continuum. It extends basic supplier scorecards to provide a comprehensive view of any supplier’s activities including development plans and actions, contracts and collaboration. A major step forward in supplier management,” Bureau commented.
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