Purchasing management is free online

Customers can self-serve their own requirements, set user spend levels, create workflows and configure purchase approval structures as required.

Farnell now offers a free online purchasing management system.

Designed to provide customers with complete cost control, reduced administration and total visibility of spend with Farnell, i-Buy is completely flexible and fully personalised to individual customer needs.

i-Buy provides many of the custom features of an expensive e-procurement system (ERP) but at zero cost.

Customers self-serve their own requirements, set user spend levels, create workflows and configure purchase approval structures to reflect the company setup and organisation.

In addition, functionality enables customers to add custom field labels to capture additional data and create multiple budgets that are aligned to associated internal projects.

With its advanced reporting capabilities, it allows customers to easily download reports at line level detail to provide total transparency of spend and enable better informed buying decisions to be made.

Customer efficiency is improved and purchasing time saved by eliminating the need for much paperwork, ultimately allowing goods to be received faster.

Simple and easy to access, users just log on to the Farnell website as usual and place orders.

Combined with the added functionality of the latest version of the Farnell website, i-Buy provides a tailored system with easy access to over 450,000 products, next-day delivery, real-time stock availability and assistance with thousands of alternative items.

Commenting on the launch of i-Buy, Andre Galle, Head of eCommerce Europe and Asia Pacific, said: "This new system will prove invaluable to our customers, making their jobs easier by providing a powerful tool by which to manage and control their purchases with Farnell".

"The potential efficiency gains and simplification of the purchase process will benefit business owners, buyers/purchasing managers and electronic design engineers alike".

Farnell's i-Buy system can be accessed via the homepage of the company's website.

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