Zambian National Commercial Bank

Oracle E-Business Suite (Sourcing, Purchasing, Procurement Contracts, i-Procurement & i-Supplier)

• Full Automation of Purchasing (P2P) process
  1. Generation of Requisition buy Requestor
  2. Floating RFQ (Request for Quotation / Auction) to supplier online
  3. Vendors responds online against the RFQ / Auction
  4. Automated evaluation of quotations received
  5. Automated Award of Order thru Approval
  6. Online Notification from Vendors on Shipments
  7. Online confirmation by Organization on Shipment Receipt
  8. Vendor Generates Invoice against shipment receipt online and Submits the same for payment
  9. Online Payment to Vendors

Benefits

1. Full Automated process
2. Paperless Transactions
3. Faster Transactions
4. Vendors Satisfaction
5. Better Utilization of Resources
6. Transparency to all Stake Holders