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Endorsed by the NJ Bankers Association ![]() |
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Purchasing Assistant™ saves money by setting margin limits on the spread between the dealer's cost of goods and the program's retail prices. As a result, hard dollar savings average 20% greater (total dollars spent on an annual basis), than individual companies can typically negotiate on their own.
Expense
Reduction Associates, Inc., does not accept Each month participating vendors submit electronic copies of their invoices which are then compared to the program's prices. Any discrepancies are identified, brought to the attention of the vendor and net credits are returned to the client. Savings in soft dollars
are of greater significance. The administrative costs of processing a manual
requisition, inputting it as a Purchase Order in a vendor's shopping cart
program, tracking the product's receipt, obtaining the order's paper packing slip,
and then communicating all the information to an Accounts Payable department
is enormously time consuming and expensive. By employing Purchasing Assistant™
manual
activity is significantly reduced and both management control and employee
productivity are increased. Soft dollar savings become hard dollar profits. |
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