23 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
I would like you to know that I am very grateful for the acquisition of the AccuBar Handhelds and their uses at the Caribe Hilton. The acquisition of these handhelds for inventory purposes has been one of the best purchases we have made in many years. The AccuBar inventory system has been a considerable asset to the hotel and has helped us significantly reduce the costs of beverage. In addition, it has made the month end closing a much simpler and faster process. In fact, as recently as last month, an internal audit was made in the Hotel and the Inventory section of the audit obtained an A+ score, making the Caribe Hilton inventory section one of the bests in the region. In today’s fast paced, deadline oriented work environments, this handhelds are a convenient and very easy to use tool that makes the whole inventory process a simple and quick experience.
Gold Standard Case Study
BirchStreet helped a multinational company consolidate its global systems, automate its procurement, and implement standardized processes customized for their business.