The Copley Consulting Group and SourceDay Partner to Support Mid-Market Manufacturers
SourceDay’s solution offered by Copley will digitally transform collaboration between buyers and suppliers. Manage your direct spend more efficiently from quotes to purchase orders to invoices and quality control.
SourceDay eliminates all the difficulties associated with purchase order and supplier management. ERP systems, such as Infor CloudSuite Industrial, help companies manage their businesses from financial operations to inventory management, production, and customer fulfillment. Once your ERP system establishes the requirements and the POs are generated, most buyers leave their ERP systems and rely on static, manual spreadsheets, emails, phone calls to handle the rest of the process. This can cause inaccurate data in your ERP system, which will lead to complications in scheduling production runs and forecasting deliveries to customers.
Key Features of the SourceDay Platform
Digitize your RFQ process and be sure you get the best pricing, lead times, and delivery terms. Send RFQs to multiple suppliers at once, then review submissions in an easy-to-read bid comparison chart.
Purchase Order Collaboration
Standardize communication to reduce delays, errors, and frustrations. Expedite acknowledgments and track changes to lead-times, pricing, quantities, and delivery dates – all in one place, in real time.
Digitize and verify every supplier invoice with comprehensive automated 3-way matching. Automatic vouchering means you can take advantage of early payment discounts while keeping your suppliers informed – from invoice receipt to payment.
Streamline your inspections by replacing spreadsheets with cloud software. Easily track incoming inspections of parts from every supplier organized in a single dashboard. Instantly communicate with suppliers on rejected parts to simplify disposition.
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Viking Yacht Implements Copley’s ERP Solution
A manufacturer’s ERP investment is critical to ensuring operational efficiency and building competitive advantage. For capital intensive-manufacturing companies like Viking Yachts, realizing the full ROI of an ERP can be the difference between accelerated growth and eroded margins.