S2P PLATFORM

Supply Chain Integration

MEREDIAM Source 2 Pay

MEREDIAM Source 2 Pay

Sourcing Management Platform


MEREDIAM SOURCE 2 PAY

Integration with Supply-Chain

Integration with supply chain function reduces inventory and cost. Merediam S2P system can understand the treshold of inventory requirements.

Once the inventory reaches a pre configured low limit, orders can be generated automatically and send to vendors after approval.

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Integration

MEREDIAM can use web services, flat files or views to integrate with all standard applications. Two way communication between MEREDIAM and customer's supply chain will ensure In-Time purchases and maintain inventory thresholds.

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Inventory Threshold

Threshold for different products can be configured. Also, quantity for automatic purchase can be configured in MEREDIAM. Using this data, purchase requests can be auto-generated.

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Order Creation

Once PR is auto generated based on inventory threshold data, the system searches for vendors with open purchase orders for the specific item. If multiple vendors are available, the system sends PRs with data of eligible vendors for approval.

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Alerts

Alerts are sent to approving stake-holders of pending requests. These alerts can be configured to be sent at specific intervals until authorisation tasks are completed.

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Approvals

Multiple levels of approval can be configured based on asset group, cost center and purchase value. Data of remaining budget under different categories can be made available to approving stake-holders.

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Purchase Order

On successful approval, Purchase Order with agreed terms will be raised and sent electronically to selected vendors.

430

+

EMPLOYEES

140

+

CUSTOMERS

300

+

PROJECTS

25

+

YEARS OF EXPERIENCE

MEREDIAM is a cloud based Global Sourcing Platform that provides greater spend efficiency while reducing costs. MEREDIAM streamlines all aspects of the sourcing process.

Multiple modules can be plugged into the MEREDIAM platform based on requirements. This makes rapid implementation with high scalability.

Customers

HONEYWELL

BRIGADE

TESCO

PAYTM

GE

FINCARE