SMARTOUCH ItemGuru™
SMARTOUCH ItemGuru is mashup technology that aligns supply chain contracts and purchase
orders with vendor information, such as item cost and unit-of-measure through
patent pending automation. ItemGuru business automation is a one of a kind
solution that ensures contract data alignment with the vendor. The result is
your purchase orders are sent to the vendor error free. ItemGuru practically
eliminates purchase order discrepancies, ensures the timely receipt of supplies,
and saves significant time in both Materials Management and Accounts Payable.
Ascend recognized the need to ensure contract and purchase order accuracy and
developed SMARTOUCH ItemGuru.
This business automation
solution accepts vendor item information, analyizes it, and automates the
updates contracts and purchase orders in your ERP solution. It overcomes a
number of serious obstacles. Unlike similar solutions it doesn't simply replace
the contract with the new vendor contract file. It analysis the incoming
contract information and compares it to your internal supply chain
contract.
The system compares the
difference to company specific tolerances. This can identify item with a
large discrepancies you may want to analyze more closely. All items within
tolerance are updated automatically and recorded in an audit log. Note
that SMARTOUCH ItemGuru locates and updates "all" contracts that have an item
cost in error. This replaces the time-consuming process of finding each
contract that contain an item price in error and manually updating
it.
The system is flexible and the
company defined tolerances allow you to control if all discrepancies are
reviewed prior to the one-click update or only larger ones. Why not accept
the price difference when the vendor has the lower cost? In either case
you no longer have to manually go into your supply chain contract to manually
enter changes, literally one-click and all the work is done.
A key difference with
ItemGuru is the purchase order is correct prior to being sent to the vendor
versus waiting for EDI acknowledgements or resolving time-consuming AP price
discrepancies. This automation identified descrepanies before they cause delays
in shipment or payments. It replaces the time consuming analysis between
your internal company information and your vendor with a consolidated screen and
most importantly the ability to correct the problem with a single-click.
Hundred of hours each month are reduced to minutes. Remarkably this solution is
implemented in three days and has an ROI of only weeks. ItemGuru software is a
drop-in solution and is easy to use. Your savings begin on day four!
Our implementation time-frame is guaranteed.
