Case Study
Gaining spend visibility to stay focused on core business
OBJECTIVES + Establish the procurement process + Track financial results + Control spend + Manage budget impacts THE CHALLENGE Prior to implementing Corcentric Platform, DOMITYS was using only an accounting system that did not provide the ability to monitor purchase volumes or limit budget overruns. The procurement process, though defined, was not adhered to, making it difficult to control expenses by benefitting from negotiated prices. Because the company was achieving strong growth with purchasing volume increasing, Domitys wanted a solution that would enable it to control spend, optimize and drive procurement processes and manage suppliers. Functions that were all being managed manually by the procurement department. “Due to our strong, rapid development we had a gro