JAGGAER Takes the Next Step in Journey Towards Intelligent Procurement: Jaguar 18.2
RESEARCH TRIANGLE PARK, NC – July 26, 2018 –JAGGAER, the world’s largest independent spend management company, today announces the release of Jaguar: 18.2 representing the evolution of the Source to Pay experience in a move towards true Intelligent Procurement. 18.2 features were designed for global users in manufacturing, consumer goods, healthcare, education, and life sciences industries.
The attributes of this evolution include two clicks and a buy, which make the shopping experience more intuitive, with an uncluttered interface that is part of a drive towards the full realization of a “smart shopping.” At the request of multiple customers, JAGGAER developed LivePrice Plus™, to consolidate punchout pricing into a single view, and RateManager, to assist our global customers with the challenging task of tracking dynamic tax rates and codes.
In addition, JAGGAER’s Advanced Sourcing Optimizer solves the complexities of the most difficult sourcing projects; with the addition of Routing Network Optimization, sourcing professionals will be able to drive huge improvements in the cost and efficiency of their global transportation networks.
“As JAGGAER continues to push the boundaries of Source to Pay capabilities with tools that drive Intelligent eProcurement, category managers will be able to increase their efficiency, drive stronger collaboration across their supply base, and make data-driven procurement decisions,” says Zia Zahiri, CTO of JAGGAER.
JAGGAER Release 18.2 includes
Flexible Approval Routing
Flexible Approval Routing and Ad-Hoc Approvals in eProcurement allow approvers to add additional approval steps “on the fly,” where standard processes need to be enhanced to support real world business scenarios. Ad-hoc approvals maintain oversight and tracking, while supporting situations in which additional approvals are needed, helping to create strong collaboration and visibility across the organization, eliminating time consuming manual processes.
Two Clicks and a Buy
Transforms eProcurement with a fresh new interface to make shopping quicker and more intuitive. Two Clicks and a Buy represents feedback from JAGGAER customers combined with best practices in e-commerce design, to deliver a modern, seamless shopping experience.
Reduces the headache of eProcurement punch-outs and simplifies the shopping experience by displaying punch-out pricing directly in search results; no more punching out to supplier sites just to see a price. Links to punch-out pages are still available to find additional item details, but they display as pop-ups, retaining original search results in the main window.
Lets buyers specify a variety of tax rates and codes, including GST, HST and Use Tax among others. The tax configuration can be set to apply manually, or via automation rules. By capturing the correct tax amounts during the checkout process, and having it flow through the entire buying workflow, users can now more accurately encumber/accrue funds in their financial systems to support stronger cashflow management.
ASO’s Routing Network Optimization
Breaks down shipping routes to allow providers to bid individually on each transportation segment, giving them better pricing insights and more negotiating power. Powerful optimization analysis tools help to craft detailed global awarding scenarios that determine the most efficient model, from source to destination.
About JAGGAER: Global Source to Pay Spend Management Solutions
JAGGAER is the world’s largest independent spend management company, with nearly 2000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking, and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company.
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