There’s big news coming from BravoSolution this week: We have officially released BravoAdvantage, our next-generation procurement platform. This platform will help take your procurement operations to the next level by enabling your procurement team to generate more value, influence innovation and reduce risk across the supply chain. Making BravoAdvantage stand out, is that unlike traditional spend management and procure-to-pay solutions, suppliers are at the core of BravoAdvantage. The platform integrates supplier lifetime value throughout the entire strategic procurement process, providing organizations with unmatched visibility into their supply base.
Most solution providers have channeled their efforts into spend management, but the fact remains that procurement covers so much more than that. Unfortunately, in other solutions, the supplier often gets lost. Yet it has been proven over and over again that by working collaboratively, buyers and suppliers can increase innovation, remove waste from business processes and reap more collective value. In fact, the best procurement teams in the world help drive growth and profitability for their organizations, which in turn creates a financial competitive advantage over competitors. Driving this growth, profitability and competitive advantage requires a platform that prioritizes supplier life time visibility and is built off strategic spend and supplier relationship management disciplines.
In talking with procurement executives across the industry, it’s clear that most procurement teams are ready to take a step forward and move beyond the conventional practices of spend management and toward a more collaborative, supplier focused path. They recognize that by increasing supplier visibility in their spend management practices, they can unlock the power of procurement and reap greater rewards for both themselves and suppliers. Are you ready to transform your procurement organization? Learn more about BravoAdvantage at www.BravoAdvantage.com
