VersaCold faced increasing complexity, stakeholder expectations and lower spend visibility
VersaCold is Canada’s largest supply chain company focused exclusively on the handling of temperature sensitive products. Increasing process complexity, growing demand for efficiency and need for higher visibility, compelled VersaCold to look for opportunities to improve stakeholder value and operational efficiency. VersaCold decided to transform their manual Procure to Pay (P2P) process with an automated solution providing an easy buying experience to the users.
VersaCold digitizes end to end purchasing process with TAP™ to boost spend visibility
TCS proposed TAP™ to help VersaCold manage spend efficiently, across departments and projects. VersaCold was able to eliminate paper trail with end to end process automation, leading to improved (spend) visibility, while also enabling deeper collaboration with suppliers. Automated and digitalized buying process will help VersaCold improve procurement efficiency. The solution includes catalogs, requisitions, purchase orders, and invoices, along with supplier management and self-service.
Fully integrated with VersaCold’s backend systems, TAP™ also enabled process monitoring and tracking, ensuring effective communication between users. The solution with improved spend visibility, will help VersaCold bring more spend under management, while automation will improve productivity as well as stakeholder satisfaction.
“We selected TAP™ to move towards a transformed and unified P2P”
TAP™ has simplified the buying experience for users while ensuring operational efficiency for better management of cost. VersaCold has successfully leveraged digitalization with TAP™ in order to re-imagine business processes and drive performance.