BravoAdvantage: Unlocking the Power of Procurement

BA_16BravoAdvantage 16, the latest release of the BravoSolution strategic procurement platform, unleashes the power of procurement via enhanced Procure-to-Pay (P2P) and Savings Management functionality. BravoAdvantage 16 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 organizations 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 organizations propel business growth and maximize competitive advantage. BravoAdvantage includes:

Savings Management

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

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 realize your negotiated savings goals.

Supplier Value Management

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

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 organizational risk with unparalleled insight into supplier contracts. With visibility across the entire organization, improve tracking, negotiation and management of every contract to ensure compliance at all stages of the supply relationship.

Catalog

Simplify the way goods and services are requested with one centralized, easy to use portal for ordering. Integrates with your current vendor contracts to provide contract compliance and manage supplier purchases and approval processes.

Purchase Management

Automates the entire purchasing process including requisitions, approvals, POs and receiving with one, easy-to-use electronic system similar to online shopping. The solution makes it easier for every employee in the company to request the items they need instead of buying items themselves via other channels.

Invoice Management

Streamline your accounts payable (A/P) processes and eliminates paper invoices by automating cost coding, approvals, reconciliation, and invoice image storage, all through an easy-to-use web interface.


Connect with a BravoSolution Professional

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

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