While processing invoices, managing suppliers, handling exceptions, generating PO’s may seem to many like mundane tasks, they are at the core of almost every business.
What many people do not realize is how these transactions and supporting tasks are a key component of spend management health, compliance and governance for organizations.
In today’s challenging marketplace and economic times, making money starts by not losing it. So why take the risk. With ICG’s ALTO Procure to Pay solutions there is no risk. Today ICG has released its new Procure-to-Pay and eCommerce platform, ALTO Suite.
The ALTO solution suite is a next generation, web-based, hub or “exchange” of software and services that allows organizations of any size to access any or all the Procure to Pay, eCommerce components in a no risk, pay as you transact model. ALTO goes beyond e-invoicing, AP automation or online supplier catalogues to create one of the markets most comprehensive and connected eCommerce hubs for organizations to collaborate internally and with their suppliers in an intuitive, easy to use environment.
A powerful business intelligence tool allows users to carry out predictive analysis, flag and address any issues before not after they happen. Understanding that agility and flexibility are key in todays fast paced and everchanging business environment, the solution, for example, allows companies to predefine standard workflows based on roles and responsibilities but at the same time make ad-hoc changes to these at the transaction level, if and when necessary.
Founder, CEO and Six Sigma Black Belt, Lory Troche explains, “This is a solution designed by procurement and supply chain specialists for procurement and supply chain specialists based on Six Sigma best practices using best in class technology and modern delivery platforms that scale to the diverse needs of organizations.
The features and functionality bridge the generational span of users found in today’s organizations meaning that more traditional users will love the intuitive, ease of use, “everything in one place” workspace, while the dynamic and configurable dashboards and collaborative communication features that leverage social media, will appeal to the Millennial user.” Marlene Smith, Director of Business Development and Market Strategy adds, ‘this solution is a no-brainer for any size or type of organization to adopt given the low cost, speed to benefit.
There are no upfront fees or contractual obligations; you pay for what you consume. ICG adheres to lean start up business practises to ensure our business overheads are not passed on to our customers through our product pricing.
There is minimum disruption to the organization as you can implement any part of the solution; pick a process that you wish to automate. It takes literally weeks, not months, to be up and running. So, the question is not, Why adopt? it is, Why not?”
For more information on ICG and ALTO Exchange visit www.icgteam.com. For inquiries email [email protected] or call 1 844-505-3990