FreeMarkets New Fix for an Old Problem
Company's new integrated offering combines software and services to help speed supplier onboarding.Sourcing software and services provider FreeMarkets Inc. is looking to tackle an old problem with a new solution. The company announced today its FreeMarkets Savings Implementation Solution [SIS] designed to speed new supplier adoption. An integrated offering that combines software with supplier implementation services, SIS provides users with tools to efficiently adopt new suppliers to an e-sourcing system, including tools to transform implementation documents into a single format for easy viewing and sharing, as well as project and process tools. An Implementation Document library provides permanent links to relevant documents, such as BOM [bill of material], certification, quality and operational requirements.
A commodity-specific Implementation Process library enables companies to standardize processes and leverage them across an organization. Software for compressing implementation documents to speed access and document collaboration is also included.