Problems Need
Solutions
We understand the challenges that procurement can have on a business. Whether it impacts on finance directly or by effecting service provision.
Lack of control leading to poor compliance.
Margin erosion & increased risks.
Multiple PO’s across different systems with limited control.
Inefficient AP function & increased risk of fraud & duplicate payments.
Cost of P2P systems historically high & wider digital agenda.
Under-investment in procurement systems.
Individual supplier credit arrangements.
Unnecessary admin & reduced flexibility to test alternatives.
Invoices in multiple formats.
Manual consolidation to produce financial reports.
Procurement teams overstretched or non-existent.
Untested contracts & High % of unaddressed spend.
Lack of Data & Supplier Insight.
Less informed supplier negotiations & price creep.
Obsession with purchasing scale.
Missed opportunities to leverage data.
Resource required to carry our due diligence on supplier provenance.
Risk of non-compliance.
P2P is a closed system.
Myopic View of Supply Market & missed opportunities.
This is why Wippet exists. Through a mix of technology, capability, insight and efficiency, combined with access to fairer prices, Wippet helps to streamline your procurement for better results.
