22 Years Serving Your Industry
BirchStreet invites you to take advantage of the best practices and lessons learned by our community.
COMPLIANCE
Improve procurement competency from unit to corporate level.
Cost Avoidance
Implement advanced spend analysis procedures.
EASILY ADD SUPPLIERS
BirchStreet’s platform supports multiple ways to onboard suppliers.
ADVANCED WORKFLOW APPROVALS
Create the approval processes right for your business.
CUSTOM ORDER GUIDES
Easily compile a list of frequently ordered items and products.
ANALYTICS/DATA WAREHOUSE
Quickly access the analytics you need.
The Gold Standard Components
The Gold Standard’s four components help your company reach its business goals with cloud based Procure-to-Pay.
DISCOVERY
Identifying unique P2P value proposition in onsite process reviews.
IMPLEMENTATION
System integrations, onsite and webinar training, and template data collection.
DOCUMENTATION
Taxonomy glossaries and process flow job aids.
CHANGE MANAGEMENT
Monitor and support P2P transition from current to future state.
The results speak for themselves
Standardizing Procure-to-Pay processes with the Gold Standard Methodology helps your company increase impact.
80% +
Compliance rate
7-10%
Overall savings from compliance improvements
20%
Purchasing spend reduction
25%
Reduction in cycle time
The implementation of BirchStreet in our properties around the globe has created improvements in our control procedures, supplier management, spend analytics, shared services activities and, not to be underestimated in terms of its impact, a heightened awareness amongst all users of the impact of their procurement activities.
Gold Standard Case Study
BirchStreet helped a multinational company consolidate its global systems, automate its procurement, and implement standardized processes customized for their business.