NowSource
When evaluating overall print spending, companies should consider the efficiency of their purchasing team as well as the cost of the printed goods. NowSource allows you to monitor and improve both!
The NowSource solution streamlines the print procurement process. NowSource creates efficiencies by managing communication, enforcing standards, and controlling workflow. Allowing your purchasing team to store all project data and creative files in a central location, score supplier performance and share projects with other team members will decrease time spent in the RFQ process.
NowSource also gives management the ability to track and monitor communication and spending during the project, and conduct a post-project cost analysis. You'll have the power to track and analyze important purchasing data relevant to your business processes and, based on historical spending analysis, have the power to negotiate printing from any of your suppliers.
Features
Centralized Supplier Management
With NowSource, you choose your suppliers - they are not dictated to you. There are no restrictions on the number of users your organization can have in the system, and no per-seat license fees.
NowSource makes establishing and maintaining
preferred vendor programs a breeze! We do not
lock you into a set of vendors that you have
never worked with or have no idea about their
quality of work. With NowSource, you add your
vendors and associate them to your product
templates. We believe that your application
should be a tool to improve supplier communication,
not force you to use a set a vendors with whom
you have never worked. In addition, your print
suppliers are never charged a "Transaction
Fee" to use NowSource. They are your suppliers
and your relationship, not ours! Add as many
suppliers as you like and never have to worry
about your pricing being marked up because
of hidden fees.
SAAS Business Model
Since NowSource is Software as a Service (SaaS),
your license fee entitles you access to all
software updates. NowSource is constantly undergoing
improvement, which gives you the ability to
stay on top of the latest developments in the
purchasing process.
Since NowSource is Web based, there is no
need for interaction with your IT department
-NowSource is ready to go on day one! NowSource
is a hosted system which means that we maintain
the application and the servers for the system.
There is no need for you to do upgrades or
install new software! We are supported by an
in-house hosting staff that responds to our
customers' needs 24 hours a day 7 days a week.
RFQ Business Process Management
NowSource allows the print buyer to manage
the entire procurement process. From specification
gathering to purchasing, NowSource allows
the buyer to manage the process and gives
you the flexibility to adjust the process
to fit your unique organizational needs.
NowSource also reduces production errors
by allowing the buyer to gather specifications,
submit Request for Quotes to suppliers, and
allowing you to submit a purchase order directly
to the chosen supplier with all of the specifications
completed. In addition, this allows further
tracking and reporting within NowSource to
track project costs against budget. NowSource
purchase orders can be integrated with any
ERP system, however this is always an additional
cost and development issue, because each
ERP system is unique to its organization
and requires an understanding of how your
ERP is set-up.
Reporting
NowSource features built-in reporting tools
that take your data and generate useful and
meaningful charts and graphs. With this information,
you will have the power to analyze current
projects and make faster decisions about
future purchasing.
NowSource allows you to report on virtually
any information that is captured in the system.
As an administrator, you can even build reports
to meet your specific needs and then choose
to add those reports to the system to allow
users to run those reports - or you can schedule
the reports to run overnight and then e-mail
them to yourself or a supervisor on a scheduled
basis. NowSource reporting is extremely flexible
and allows you to retrieve the data for reporting
in third-party systems.
Benefits
Return on Investment
Our customers report saving 5 to 15% on
their overall print spend by using NowSource.
This gives them the capital and flexibility
they need to grow their business.
Entire Spend Visibility
When evaluating overall print spend, companies
should consider the efficiency of their purchasing
team as well as the cost of the printed goods.
NowSource lets you monitor and improve both!
Your purchasing team saves time spent in the RFQ process because NowSource helps them streamline print procurement.
Negotiating power with suppliers improves
because NowSource makes it easy to analyze
project costs and historical spending.
Product Standardization
NowSource allows you to customize then
standardize templates to fit your business
flow and to ensure each supplier is sent
the same specifications. This eliminates
rogue purchasing and guarantees you take
advantage of volume discounts.
NowSource allows the administrator to
build their own product templates with
attributes and values that are specific
to their needs. We can also provide a set
of pre-built templates that are ready for
use and can be modified later as you find
areas for improvement.
Enhanced Purchasing Power
Utilize NowSource's power to generate
an RFQ to one vendor or several. With its
customizable pricing structure, you can
entertain numerous bids, evaluate them
in an "apples to apples" setting,
and base your selection on price, quality,
and relationship.
Want to learn more?
Request a consultation from one of our
Strategic Account Managers
here