Driving substantial bottom-line savings through
software and service excellence

eSourcing is a proven mechanism for driving substantial savings. Our web3 solution set comprises the following application modules:

eRFx
eAuction

Technology is only half of the story however. See below for details of our expert consultancy services to drive best value from sourcing events.

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The Savings Generator

Recent sourcing events have generated the following savings for our clients:

• 38% on flower supplies
• 51% on stationery
• 47% on IT hardware
• 38% on milks and dairy commodities
• 23% on signage and bags

Modular Architecture         Please click here for a graphical overview of how our web3 Enterprise modules for P2P and eSourcing work together

Small investment generates big returns

Wax Digital leads the field in the development and delivery of eSourcing solutions, whether you are looking for help on a managed service basis or  want a self-service platform that offers professional buyers a class-leading toolset for constructing an unlimited number of tenders and auctions annually.

Our focus for eSourcing technology has always been on usability first and foremost, and while our tendering and auction platform has all the bells and whistles you will ever need, what really sets it apart from the crowd is how easy and intuitive it is to create and manage negotiations, both for buyers and for the suppliers that are on the receiving end of the process.

But great technology is only half the story. Wax Digital Sourcing Consultants are on hand – should you need them – to advise and assist through every stage of the sourcing lifecycle, drawing on huge experience of designing and executing sourcing strategies and events for many of the world’s leading organisations in a myriad spend categories. Their understanding, advice and expertise make all the difference when it comes to maximising the savings from every event.

Put them both together and you can see why our clients are regularly saving millions on a spend of thousands.

The source-to-pay lifecycle

Whilst eSourcing can deliver very significant savings in its own right it is important to recognise that – with the exception of spot purchases and centrally-controlled spend – these savings are not actually realised until everyone in the organisation is in the habit of buying the right goods and services from the right suppliers, at the right price. Saving 40% on your stationery contract amounts to nothing more than a good feeling if all your employees pop around to their local high street stationery store every time they need something, instead of buying it from your contracted supplier.

Best-in-class purchasing organisations universally understand that eSourcing and Purchase-to-Pay are essential bedfellows, with P2P delivering the compliance that is essential to actually deliver on the promise of eSourcing returns.

Moreover, buyers are increasingly coming to accept that a source-to-pay solution from a single vendor, rather than separate providers for sourcing and P2P systems, offers considerable process benefit. A single, holistic purchasing environment allows data – supplier records, product catalogues, and contracts to name a few – to flow seamlessly between activities, greatly reducing the maintenance and management overhead that exists when records are kept on multiple systems.

Wax Digital is one of the few providers in Europe capable of delivering a genuinely end-to-end source-to-pay solution set and we’d be very happy to talk to you in detail about the advantages that brings.

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Please get in touch and we'll get right back to you.

	Managed Events		Self-Service Platform		Sourcing Consultancy
Our expert consultants can work with you to deliver tenders & auctions on specific commodities from event design to final bid.		Licence the Wax Digital eSourcing platform to run unlimited events throughout the year.		From 'trophy hunting' the best savings categories to implementing a global sourcing strategy, our consultants can help.