Designed to enable complete spend control, reduce administration time and allow total transparency of your company's purchasing with Newark element14, iBuy is completely flexible and can be tailored to your company's needs.
Here are just some of the ways your company can benefit from using iBuy:
Flexible and customizable
Create and administer your own procurement workflows that reflect your purchasing approval structure, which you can manage and update at any time. Capture additional data during checkout with customizable fields.
Complete spend control
Set up and manage your authorized users, specify order limits and/or budgets, roles and permissions and approval hierarchies, if required.
Improved process efficiency
Eliminate the need for paperwork, reduce purchasing time and deliver products to end-users faster.
Detailed spend reporting
Get total transparency of your spend with easily downloadable reports of your company-wide expenditure and order history on demand.
Latest products, availability and pricing
Since iBuy is part of the Newark element14 website, you benefit from the rich product data, allowing you to select current and in-stock products to add to your shopping basket.
Easy to use
Simply log on and order your products as usual. iBuy determines whether the order needs approval (informing the approver via email) or can be placed directly.
And best of all it's free!
iBuy provides you with many of the custom features of an expensive eprocurement system at no cost.
|Benefit||Punchout / Roundtrip||Custom Data Catalog||Purchase to Pay Integration||ePass||iBuy|
|Globally scaleable solution||True||True||True||True||True|
|Reduce product selection errors||True||True||True||True||True|
|Reduce cost by process automation||True||True||True||True||True|
|Customer back office integration capability||True||True||True||True||false|
|Latest products, availability and pricing||True||False||False||True||True|
|Comprehensive product data||True||False||False||True||True|