BravoAdvantage: Unlocking the Power of Procurement

BravoAdvantage, BravoSolution’s strategic procurement platform, unleashes the power of procurement via enhanced Procure-to-Pay (P2P) and Savings Management functionality. BravoAdvantage also delivers an updated User Interface (UI) that increases adoption by making the solution easier to use than ever before. The next generation of procurement is here!

BravoAdvantage is the strategic procurement platform that enables organisations to generate more value, influence innovation and reduce risk.

Powered by a unique supplier-centered approach that integrates supplier lifetime value throughout the entire procurement process, BravoAdvantage provides the visibility, insight and transparency required to power and improve your procurement initiatives and decisions. Learn more about BravoAdvantage here.

With the BravoAdvantage offering, BravoSolution continues to strengthen a global reputation influencing innovation in strategic procurement and supply management helping organisations propel business growth and maximise competitive advantage. BravoAdvantage includes:

Spend Analysis

Manage costs, compliance and risk. Aggregate spend data from multiple disparate systems; cleanse and classify data into a common classification structure; and perform multi-dimensional analysis—which enables you to identify saving opportunities and correct compliance breakdowns to ensure you realise your negotiated savings goals.

Sourcing and SourcingPlus

Streamline, reduce cycle times and achieve valuable business outcomes. Collaborate to create, issue and evaluate sourcing events via a secure online solution, moving seamlessly from RFx direct to eAuction. Source both simple and complex categories via single solution; streamline business processes and lower costs throughout the supply relationship.

Contract Lifecycle Management

Negotiate and manage contracts in a single online environment to reduce organisational risk with unparalleled insight into supplier contracts. With visibility across the entire organisation, improve tracking, negotiation and management of every contract to ensure compliance at all stages of the supply relationship.

Supplier Value Management

Go beyond basic supplier scorecards. Gain a comprehensive view of your organisation’s suppliers across the entire procurement process, making the procurement process more efficient and effective. Clearly see summary of supplier interactions, understand interactions in process and create fact-based improvement plans for continuous supplier development.

Procurement

Automates and streamlines the purchasing process from requisition to receiving with the ease of online shopping. Configurable workflows ensure fast and efficient approvals that manage and track every step of the purchase process, reducing the possibility of rogue or maverick spending. Access to a network of approved catalogs also ensures that the right item is purchased from the right supplier at the right price.

Invoicing

Extend the optimisation of your procurement process with streamlined accounts payable. Invoicing eliminates paper invoices by automating cost coding, approvals, and invoice image storage, while facilitating reconciliation and payment, all through an easy-to-use web interface.

Savings Management

Take control of your organisation’s savings management processes by streamlining collection, approval and reporting your procurement organisation’s increased value generated across the entire organisation. Accurately manage, track and communicate your achieved savings.


Connect with a BravoSolution Professional

Learn more about BravoAdvantage and how we can help unlock your organisation’s hidden value and savings throughout the procurement process.

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