Case Study: Technetix streamlines purchase-to-pay operations with TradeCloud

Technetix reduces procurement workload by 15% with TradeCloud

Technetix, a provider of critical broadband technology solutions, faced a significant challenge with its manual and inefficient procurement process. A large portion of its purchases came from Asian factories, requiring staff to manually process PDF orders and email confirmations, update arrival dates, and manage data across multiple systems. This was time-consuming and prone to error. Seeking to automate its purchase-to-pay process, Technetix selected the Tradecloud SaaS platform for e-procurement.

By implementing Tradecloud's order management and shipment modules, Technetix automated its purchasing workflow. The solution integrated with their Exact Globe ERP system, allowing for automatic upload of confirmed orders and enabling staff to focus only on exceptions. This resulted in a 15% reduction in time spent on procurement tasks and allowed them to handle operational purchasing with two buyers instead of five. Tradecloud also provided the data needed to track and improve supplier delivery reliability, with a goal of reaching 85% this year.

Technetix