Lasso Procurement Solutions
Lasso offers a full end-to-end solution for procurement professionals. Onboarding suppliers, managing material requisition intakes, running competitive & non-competitive sourcing events, purchase orders, project management, payments, and real-time reporting & analytics.
Smarter Sourcing for Procurement Professionals
Procurement software streamlines purchasing processes, centralizes intake requests, and allows organizations to strategically manage their spend.
Cost Savings: Automates sourcing, identifies cost-effective suppliers, and reduces manual errors, leading to better pricing and lower operational costs.
Efficiency: Automates repetitive tasks like purchase orders, approvals, and invoicing, speeding up workflows and reducing processing time.
Transparency: Provides real-time visibility into spending, budgets, and supplier performance, enabling better decision-making.
Compliance: Ensures adherence to company policies and regulations by enforcing standardized processes and maintaining audit trails.
Supplier Management: Centralizes supplier data, tracks performance, and improves collaboration, leading to stronger relationships and better terms.
Data Analytics: Offers insights through reporting tools, helping identify trends, optimize budgets, and forecast needs.
Error Reduction: Minimizes manual data entry mistakes with automated systems, ensuring accuracy in orders and payments.
Scalability: Adapts to growing business needs, handling increased transaction volumes without added complexity.
These benefits collectively enhance operational efficiency, reduce costs, and improve strategic decision-making.
