On - Demand
Procurement Management
Purchasing Program
 

Purchasing Assistant™ moves beyond "punch-out" technology and vendor's special 'contract' sale items. Instead of abandoning individual clients to negotiate pricing for products based on their own resources, the service aggregates member's buying power, offering direct access to national account pricing for thousands of products sold by a wide selection of retail vendors.

In doing so, Purchasing Assistant™ manages vendor gross profits 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 often can negotiate on their own.

       NOTE: Expense Reduction Associates, Inc., does not accept
       any rebates, commissions, gifts, or any other compensation
       from retail vendors.

In addition, to verify and maintain pricing accuracy, 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.  

The savings in terms of 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.

Add to this process 'maverick' orders that arrive unannounced, and the total costs of procurement grows by tens of thousands of dollars.

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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      Purchasing Assistant™ represents
      the buying power of more than 8,000
      consumers, employed by more than
      50 regional banks, non-profit
      organizations and management
      consulting firms.