The July 2011 update of its expenditure analysis module now provides data on a supplier’s BEE scorecard, in addition to a consolidated BEE expenditure analysis report, says Procurement information solutions provider Ezee-Dex.
“This feature enables companies to analyse B-BBEE expenditure on the spot. Any B-BBEE report you need on a vendor should take no longer than a few minutes,” MD Cathrin Heath tells SmartProcurement.
Having this detailed information available will ensure that a company is able to select any criteria it requires for its internal / external processes.
Heath says that the while companies using Ezee-Dex implement this update, in the background the development team has been interrogating the new feature for possible improvements in conjunction with the directors.
Ezee-Dex Industrial Procurement Services has a huge database of 65 000 companies and 220 000 products, all contained on a disc, which buyers in mines and industry can use when sourcing products, says Heath.
“It can save time because it imports spend data from your existing accounts system via a comma-seperated-values file, directly into the Ezee-Dex procurement system,” says Heath.
It has the potential to reduce purchasing costs dramatically, while also identifying BBBEE suppliers easily, making it easy for buyers to increase their BBBEE spend.
Contact Cathrin Heath on email@example.com to find out how the database can also be applied to vendor management.