CHICAGO – January 12, 2016: BravoSolution has announced the latest release of its strategic procurement platform, BravoAdvantage 16. The new release is designed to improve the user experience and give procurement organizations more tools to generate value, influence innovation and reduce supply chain risk. BravoAdvantage 16 also introduces expanded source-to-pay functionality, significant developments within the savings management solution, enhanced reporting and new project management functionality.

Updated Strategic Procurement Platform Features Revamped User Interface, Enhanced Savings Management Functionality and Expanded Source-to-Pay Capabilities

“The new user interface in BravoAdvantage 16 makes the solution even more intuitive and easier to use,” said Jessica Sanchez, global senior manager of risk and strategy at C.R. Bard, Inc., a leading multinational developer, manufacturer and marketer of medical technologies. “Streamlined navigation and menus will drive adoption across users at various skill levels which will increase our adoption of BravoAdvantage 16 as the repository of record for sourcing and supplier information.”

Along with improved usability, BravoAdvantage 16 offers procurement professionals more functionality, insight and transparency to power and improve procurement outcomes. New capabilities in the updated platform include:

  • Expanded source-to-pay functionality, enabling customers to solve both strategic and operational procurement challenges within a single, integrated solution suite.
  • Advancements to the savings management solution, enabling procurement organizations to identify the gaps between target savings, forecasted savings and realized savings, and ultimately help users show procurement’s value by linking key activities to measurable business outcomes.
  • New contract lifecycle management capabilities, helping procurement teams more easily manage cross-departmental workflows and approvals.
  • Powerful new reporting tools, allowing users to build and share customizable reports in an online, self-service format.

“Procurement needs an integrated and robust strategic procurement platform to drive the next level of value for their organizations,” said Jim Wetekamp, CEO of BravoSolution. “By vastly improving the BravoAdvantage user experience and adding powerful new functionality, we are better positioned to help procurement organizations make smarter, faster business decisions.”

BravoSolution is trusted by many of the world’s largest and most successful companies, and recognized by key industry influencers as one of the top procurement suites available today. To learn more about BravoAdvantage 16, and why more than 65,000 purchasing executives and 700,000 suppliers globally rely on BravoSolution every day, visit www.BravoAdvantage.com.

About BravoSolution

BravoSolution is a leading global strategic procurement solution provider.  Our procurement technology platform and practitioner experience help more than 600 companies and 65,000 purchasing professionals in over 70 countries unlock the power of procurement to drive financial performance, develop procurement organizational excellence, manage risk, and influence innovation.

BravoSolution’s approach to strategic procurement consistently delivers business outcomes to enable customers to outperform their market. BravoSolution has direct operations in 18 offices located in 12 countries across 4 continents, employing more than 600 procurement experts.  To learn more, see http://bravosolution.com, read our blog Strategic Sourcing, follow us on Twitter @BravoSolution and connect with us on LinkedIn.

Media Contact:

Kristen Carlson

BravoSolution@corporateink.com

617-969-9192