ePlus inc. announced general availability of OneSource IT+ and Spend IT+. The first one is a single automated process for reducing the cost of acquiring IT goods and services, while the latter one is a business intelligence solution for analyzing total IT used.
Ken Farber, the president of ePlus Systems stated the solution helped companies that are currently buying software whose availability and pricing are changing constantly, while “generic purchasing systems are not designed to support these complexities.” As a result the software is being bought from different suppliers, which in turn drives up costs, requires different ordering processes and touch points, payment and accounting processes, etc. difficulties.
At the same time, OneSource IT+, allowing buyers to order IT from most providers, uses a common system interface. Additionally, it offers a comprehensive workflow support for multiple approval levels before the purchase is made. It is possible to run the solution standalone or to integrate it with most procurement systems.
Spend IT+ adds up value to OneSource IT+ by providing total analysis of IT purchases expenditure. The software analyzes purchase transactions taking place in OneSource IT+, and presents them in both dashboard and online analytical processing (OLAP) views. Dashboard view presents data graphically by supplier, business unit, and commodity. Moreover it shows drill downs all the way to individual transactions. OLAP view lets analysts and commodity specialists work with the data by simple drag and drop functionality, building individual queries, pivot tables, charts, and graphs according to their needs.
ePlus Systems inc. is a wholly owned subsidiary of ePlus inc. that develops and markets enterprise supply management applications and services.
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