“Our job is to make the procurement officer’s life easy.” — Marlene Naidu
Managing procurement for insurance companies involves contracting hundreds of suppliers and maintaining catalogues with thousands of items. To do this manually is time-consuming and prone to errors.
Codeplex CatHub simplifies this process and gives procurement managers full control by offering a dynamic solution for catalogue management.
With CatHub, procurement teams no longer have to manually request and compare quotes. Instead, suppliers log in and update their own catalogues, ensuring that insurers always have access to the most up-to-date pricing and product availability. This automated quoting process means that when you’re sourcing an item, whether it’s a television, replacement parts, or office equipment, you immediately see live, pre-negotiated prices from approved suppliers without the need for back-and-forth quoting.
“Our job is to make the procurement officer’s life easy.” – Marlene Naidu
Key Features
01
Automated Supplier Updates
Suppliers can directly update their items and pricing in the system, eliminating manual updates for procurement teams.
02
Real-Time Pricing
Insurers / Procurement teams gain instant access to the most current supplier prices, ensuring accuracy and reducing the time spent sourcing quotes and comparing prices.
03
Transparency, Cost Savings and Fraud Prevention
Pre-determined pricing guarantees transparency and fairness while significantly lowering the risk of fraudulent processes.
04
Seamless Integration with Existing Systems
Works within existing procurement frameworks to provide a centralised, structured and fully compliant procurement solution.
Simplify Procurement, Optimise Spend and Improve Pricing Control with Codeplex CatHub.