Asite eProcurement solution for Skanska

Asite's technology will provide Skanska with a single integrated solution for the procurement process across their portfolio of construction and facilities management works.

Both Skanska staff and their supply chain partners will use Asite eProcurement to manage their purchasing cycle including tendering, purchasing, delivery logistics and goods receipt, and payment processes.

As part of the enterprise solution Asite will be closely integrating with Skanska's back-office ERP system, Sage Intuita.

By automating and streamlining the purchasing process, Asite's technology significantly reduces transaction costs and will ensure that Skanska are furthering their aim of creating true partnerships with their supply chain.

Suppliers will be able to share their catalogue of products on Asite to allow Skanska and all other buyers to buy directly from them online, which they can track, fulfil, and directly invoice back via Asite.

Suppliers can use their Asite account or an end-to-end digital solution that integrates with the supplier's back-office systems.

This will assist all participants in the Skanska supply chain by increasing transparency and providing true workflow management across the complexities of the supply chain management process.

The Asite solution will ensure a fully transparent four-way match of orders, delivery tickets, goods receipt notes, and invoices for all transactions and ensure appropriate visibility for all stakeholders.

Andy MacAskill, Skanska UK Supply Chain Director, said 'We are delighted to be working with Asite as our platform provider to deliver eProcurement across our supply chain.

Asite will be an important part of our vision to deliver a One Skanska best practice approach to the procurement of materials, products, services and subcontract packages throughout project lifecycles.

The implementation of eProcurement will provide significant efficiency benefits to our supply chain and contribute to establishing Skanska as the leading construction procurer in the UK'.

Tony Ryan, Asite CEO, said 'We are delighted to bring on board a client with the pedigree of Skanska UK on a multi-year enterprise agreement.

Skanska is a leader in the construction industry, renowned for their progressive business practices, and I take great pleasure in welcoming them and their supply chain to the Asite community.

This relationship is further proof that the Asite eProcurement solution is industry-leading and that our on-going development focus matches up to the needs of the AEC industry.'.

Asite's eProcurement solution delivers the following benefits:.

.

** Suppliers.

o Provide buyer-specific product catalogues with rich content such as product images.

o Dynamically update catalogue data for price sensitive items.

o Manage the entire sales order management process online.

o Receive orders from buyers online.

o Respond to RFQs and tenders from buyers.

o Create advance shipping notes and issue to buyers.

o Create invoices from orders upon order fulfilment.

.

* ** Buyers.

o Create/Negotiate contracts and manage tenders.

o Create material orders from rich content catalogue or as free-text.

o Create blanket orders for suppliers against contracts.

o Create approval rules based on quantity, value or as per your own system.

o Compare items from same or across suppliers before ordering.

o Procure from favourite items within the supplier catalogue.

o Manage change orders and credit notes.

o Receive invoices electronically.

o Manage the plant hire and plant return processes.

o Obtain internal approval for purchases.

o Call off individual orders from a blanket order.

o Create RFQs and issue them to one or multiple suppliers.

o Create GRNs against order items despatched from suppliers.

o Automatically generate four way match reports (Order, Invoice, GRN and ASN).

o Track spend and performance against budget at contract or enterprise level.

o Complete audit history available at all times with full message acknowledgement.

capability.

.

** All Parties.

o Integrate with existing purchasing systems, using Asite Exchange.

o Track purchasing activity and the status of orders through detailed reporting.

Asite also delivers the following benefits:.

- Workflow management and planning.

- Document management - storing and version control.

- Forms and contract management - automation and customization.

- Progress tracking - auditable history and reporting.

- AppBuilder - build customisable applications.

- Collaborative building information modelling.

- State-of-the-art cloud based global data centres.

- Security compliant with US, UK and EU governmental requirements.