Description

web3, now part of Medius Sourcing, is a suite of spend management and eProcurement software designed for direct and indirect supply chain sectors. It enables users to identify supplier, accelerate sourcing cycle and manage online contracts repository, publish documents and notices on the supplier portal, invite and manage bid submissions automatically, optimize reclaim contracts, assign users different security levels from view-only access, add in review dates and measurement, optimize the toolset by customizing routes and interfaces, create and schedule custom reports, as well as leverage pre-completed onboarding and data mapping. Solutions include strategic sourcing (source to contract, eSourcing, contract management), eProcurement (source to pay, purchase to pay), AP automation (eInvoicing, capture), supplier management (supplier relationship management, supplier information management), and direct procurement (purchasing, eInvoicing).