19.2 Release Simplifies Advanced Source to Pay Solutions
- Press Release
- Source to Pay
RESEARCH TRIANGLE PARK, NC, July 2, 2019: JAGGAER, the world’s largest independent spend management company, is releasing JAGGAER ONE 19.2, designed around the needs of national and global business and institutional entities with multiple distributed business units, specifically to enable value generation through simplifying those organizations’ advanced procurement processes. JAGGAER’s 19.2 release addresses critical business drivers for complex organizations, including enhanced procurement tools for managing the unique processes found across different business units within the same organization using, JAGGAER’sindustry-leading Source to Pay (S2P) solution suite, with additional flexibility for contract and supplier management, collectively designed to fulfill JAGGAER’s commitment of “procurement simplified.”
“We developed our 19.2 release with input from multiple national and global organizations, including commercial, healthcare, and educational institutions with an expanded footprint. Our mandate was simplification and control, to allow users at any point or location within an organization to quickly and easily access the power of our solutions and get to work. Our design even more closely emulates the simplified interface the market demands, ” says Zia Zahiri, CTO, JAGGAER. These enhancements will ripple throughout the JAGGAER ONE spend management platform.
Source-to-Pay Process Simplification
Multiple enhancements across our solutions will be introduced to simplify processes across Source-to-Pay, including enhancements to dynamic qualification of suppliers, auto-generation of purchase requests from Quick Quote sourcing events, new workflows for routing POs and PRs that contain inventory replenishment items, and new rule-based application of tax rates to a PO, PR or Invoice using defined tax codes.
Global business operations support
Enhancements include the ability to search for and segment suppliers by fulfillment center locations, enhanced language support for global contracts, and custom payment term configurations to support terms used globally.
Organizational / Business Unit Process support
Updates include multi-business unit enhancements for associating suppliers to specific business units, and transferring funds between budgets across different departments.
Enhancements simplify contract management including new advanced dynamic workflows for contract requests, new contract search capabilities, custom field configuration and validation, and contract and clause usability enhancements.
About JAGGAER: Procurement Simplified
JAGGAER is the world’s largest independent spend management company, connecting customers to a network of 4 million suppliers in 70 countries, served by offices located in the Americas, APAC, Asia and EMEA. JAGGAER offers end-to-end SaaS-based procurement solutions, including advanced Spend Analytics, Category Management, Supplier Management, Sourcing, Contracts, eProcurement, Invoicing, Supply Chain Management and Inventory Management. These all reside on a single platform, JAGGAER ONE. JAGGAER has pioneered spend solutions for more than two decades and continues to lead the innovation curve by listening to customers and stakeholders in all industry sectors, public services and academia. JAGGAER holds 37 patents – more than any other spend management company.
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