ER Technologies provides financial and non-profit organizations with Cloud based software that increases operational efficiency and reduces administrative expense.
'Tapping Solutions from the Web'
e-Procurement technology can reduce the administrative cost of processing a complete Purchase Order cycle by more than 58%.
This is based on the concept that labor, plus overhead expense, less lower technological expense results in net savings. In doing so, a medium size organization will save thousands of dollars in operational expenditures each year.
In developing this calculation, labor costs were based on 2014 Department of Labor salary statistics for clerical employees that perform procurement tasks.
This data is then combined with time on task studies by the Aberdeen Group (Boston, MA). They conclude that a ‘clean’ Purchase Order cycle requires approximately 1.5 hours’ of time, for a total (minimum) cost of approximately $60 per Purchase Order.
View 'Savings Calculator' for a net cost reduction estimate.
Facilities Assistant™ manages internal and external work order and maintenance activity. It provides multiple action alerts, contract rollover control, vendor performance monitoring, and records retention archival.
Stock Room Assistant™ manages on-site, or off-site inventory for individual, or multiple stock rooms. It maintains real time audit control and provides for automatic re-ordering of products, and prepares RFQ's for price quotes from vendors.
Asset Assistant™ provides QR tracking of network hardware from an asset's purchase, through the item's life cycle, to it's final disposal and withdrawal from service.
Work Order Assistant™ manages service and repair order requests sent from cost centers to a Facilities Department, alerting them of the need for repair, maintenance or parts replacement.
Collective Purchasing Power provides negotiating leverage with national vendors such as Staples, Office Depot and W.B. Mason. Pricing is based on a semi-annual, RFQ bidding process with items assembled from our clients ongoing purchases.
The results are price discounts that are significantly greater than those that individual organizations can obtain on their own.
Clients / Publications