Candex for Buyers | Tail-Spend Purchasing Solution
Candex can “Punchout” from any purchasing tool
Ariba, Basware, Coupa, GEP, Jaggaer, JD Edwards, Oracle, PeopleSoft, SAP, Tradeshift, Workday, Zycus … and more
Users enter summary information about their purchase.
A shopping cart enters your purchasing system for PO approval.
Candex invoices systematically and pays your vendor.
Candex becomes your best vendor replacing thousands!
Procurement
Control the categories available to your people and set the spend limits. POs can be initiated from any purchasing system, so login to Candex is not required. Customize everything by country, category or vendor.
Finance
Candex can invoice each of your entities in different ways through EDI, cXML, emailed attachment or even snail mail. We operate subsidiaries and invoice locally in each market where the payments are being made.
Line Managers
Line managers can create teams to gain transparency and accountability over the purchase activity of their people.
Compliance
Candex improves the compliance position of even the most conservative companies. All vendors are scanned against all major sanction lists and all payments are under PO.
Candex Benefits
- Supplier Enablement Relief: Eliminate 1000’s of hours of setup and support from your small vendors.
- Global Coverage: Use the same solution globally across all spend categories.
- Standardized Contracts: Set custom and standard purchasing terms by country, category or vendor.
- Tax / Audit Simplification: Candex takes responsibility for 1099 and VAT filings for all purchasing.
- Wonderful Reporting: Get a clear line of sight into your spending with amazing reports.
- Fully Electronic Invoicing: Automate your P2P processes without upfront capital investment.
- No PO, No Pay: Guarantee that every payment has a PO without problems.
- Perfect Cost Allocations: Every invoice comes from Candex and against a PO to automate billing.
With Candex, we reduced the number of new vendor setups by 22% within the first year.
Testimonials
Suresh Parameshwar - Dell
Easy to Use. Saves time and moneyGary Campbell - Sanofi
With Candex, we streamlined our payment process and increased control and visibility on non-strategic spend. We were able to enhance our current P2P system by getting more transactions into it.Akash Agarwal - Dell
It was great! The materials Candex and CP put together were user-friendly and make the process very easy to use.Sara Fuls - Colgate
I thought the process was simple and efficient. It is great to have this option for these types of vendors.Luba Markoff - Keysight
Candex gives us the kind of control we’ve always wanted to have for small spend.Jorge Esteve - PMI
The payment process is smooth and the tool itself is very comprehensive (and very valued feature). And what I like the most about Candex is the service level and willingness to help and go the extra mile just to meet our business case requirements.Lucia Surinova - Dell
Trusted by global enterprises.