Social procurement drives enhanced collaboration and performance
CHICAGO, April 20th, 2016—BravoSolution, the leading global strategic procurement provider, is paving the way to social procurement with its integrated, end-to-end procurement platform, BravoAdvantage. The solution suite brings social collaboration to the strategic procurement process by creating a single channel for engagement and information-sharing between buyers and suppliers.
By lowering adoption and communication barriers, fostering collaboration, driving enhanced supplier engagement and developing positive, mutually beneficial relationships, social procurement enables buying teams to advance both operational and strategic procurement performance.
“Social procurement is about building networks and engagement that foster positive business outcomes and stronger relationships,” said Jim Wetekamp, CEO of BravoSolution. “The key is providing users with a collaborative, data-centric environment that makes it easy for stakeholders to communicate, share relevant information and tackle opportunities together.”
Key social features within BravoAdvantage include:
- Collaborative forums that facilitate real-time conversations between buyers and suppliers, ensuring critical communication is not lost outside of the solution
- Fully customizable and intuitive dashboards and a range of self-service capabilities that create a procurement experience users want to engage with and return to every day
- Easier access to supplier and project information that can improve the efficiency and effectiveness of virtual teams
- User feedback and reviews on product and supplier performance