Maximize your value with Trading Partners; Minimize your Supply Chain Footprint
The procurement landscape has seen an increasing demand for purchasing software from businesses and organizations. It is essential for suppliers to provide web based catalogs to assist in helping organizations make more informed purchasing decisions. Toreion is a leading provider of on-demand, sustainable e-procurement technology, which allows companies optimize their supply chains through more efficient data integration and exchange with their trading partners. Toreion delivers e-Procurement technology and integrated trading network solutions that enable organizations to connect, measure, monitor and optimize the financial, environmental and social footprint of their supply chain.
e-Procurement software enables organizations to have control over their spend and increase supply chain visibility. Toreion integrates with popular Punch-out technologies such as SAP OCI, Oracle iProcurement and the Ariba Commerce Cloud, enabling suppliers to access the increasing number of purchasing organizations using e-Procurement software. Toreion delivers enterprise-class e-business tools that empower companies to achieve greater control over their spend while driving continuous improvements to the bottom line through internal process efficiency, transaction automation and data integration with their trading partners.
A sustainable Toreion supply chain solution focuses on:
- Building Sustainable Supply Chains where trading partners collaboratively measure + monitor performance and environmental indicators across all supply chain touch points.
- Building Integrated Procurement Portals where accurate data – items, partner numbers, prices, orders – enable seamlessly data transmission between buyer and seller back-office systems.
- Building Accessible Online Trading Networks where information is shared seamlessly between remote user communities and the network of systems and devices [mobile smart phones, scanners, back-office systems] employed to drive more strategic procurement decisions.
Toreion's Suite of e-Procurement Solutions:
Toreion's integrated suite of e-Procurement solutions enables purchasing organizations to automate inefficient paper based workflows, which are labor intensive, largely disconnected, uncontrolled, time consuming and costly. Toreion gives purchasing organizations the tools to make more intelligent buying decisions – increasing spend with preferred suppliers and gaining visibility into spend across the entire enterprise.
Toreion Supplier Portal provides selling organizations with administrative tools to respond to the e-commerce requirements of their buying customers. This includes visibility into approved products and prices across their supplier networks. Toreion enables organizations to target total cost reduction through improved spend analytics, product standardization and vendor rationalization.