Grupo Bafar Finds a Recipe for Spend Management Success

Consolidate all expenses to one platform to improve budget visibility when creating purchase orders for the 40+ companies that make up Grupo Bafar.

Move away from a paper-based requisition process, which required time-consuming manual signatures and resulted in a slow-moving approval chain.

Improve supplier relationships to drive additional value.

Procure-to-Pay

Invoicing

Inventory Management

Expense Management

Contract Management

Supplier Risk & Performance

Invoicing

Achieving 100% visibility and control over direct and indirect spend and travel expenses by consolidating systems and moving to one comprehensive BSM platform.

Unifying and automating accounts payable processes across the expense cycle, resulting in a one-day or less invoice approval time and 100% of invoices PO-backed.

Increasing visibility and faster payments to suppliers, who now have instant access to their purchase orders and invoices in one place.