Purchasing

Controlling and planning expenditures efficiently is always a challenge, but it doesn’t have to be. By integrating Redback’s automation and end-to-end tracking features into your purchasing process, you can quickly streamline three-way matching activities into a consistent, repeatable, and—most of all—observable process.

Uncover hidden cost advantages

As your operational scale increases, so do your costs. When this happens, let Redback do the heavy lifting and find economies of scale you never knew you had.

By bringing together and analyzing work orders and resource plans, Redback will automatically optimize what you need to purchase from your suppliers. With Redback’s purchasing features you’ll be able to:

Identify hidden capital and expenditure trends
Analyze additional cost savings and improve product and service quality
Plan future financial capabilities and opportunities

Automate and approve

Redback will automate your entire purchasing process with predefined approval stop points along the way to ensure that what your company buys always matches the right work plans.

With Redback’s purchasing features you’ll be able to:

Reduce the time it takes to initiate and complete a purchase order
Minimize errors in your purchasing process and avoid potential costs associated with rework
Have real-time visibility into the status of purchase orders and their approvals

Transparency for everyone

With Redback, all direct-to-field receipts are captured and available in real time. Knowing how and when your workers are spending company money enhances financial control and transparency across your organization.

With Redback’s purchasing features you’ll be able to:

Get immediate insights into spending patterns and trends
Use purchasing metrics to perform audits and ensure compliance with internal policies or external regulations
Better control costs, identify potential overspending, and take corrective actions promptly