Providing Solutions For Governments Of All Sizes
Procure to Pay within Supply Chains
Government agencies deal with thousands of suppliers who each run different accounting / ERP systems. Visibility of stock and pricing across supply chains is virtually impossible without suppliers or government agencies investing significant IT spend and providing adequate support.
SQUIZZ.com eliminates the need to directly couple systems together through universally connected trading relationships. The Connect Once, Trade with Everyone Connected philosophy liberates all parties from IT complexity, provides universal data visibility and speeds up procurement and tendering workflows.
Streamline Tendering
Tendering is often a complex and difficult process to manage across multiple entities and delivery locations. SQUIZZ.com facilitates Tender Contracts between suppliers and government agencies through universal connected relationships.
The platform exposes multi-supplier product data, pricing and stock information according to agreed Tender product lists. SQUIZZ.com handles advanced workflows to facilitate tender and transaction collaboration, whilst univerally processing transactions 24/7. SQUIZZ.com enables suppliers to map customer accounts / sub debtors to their customer locations and takes into account any special pricing rules negotiated in the tender and setup in the suppliers ERP system.
In the future, Government Agencies will have the option to post Tender Opportunities into Live Connected Marketplaces and automate many of the provision steps for Procure To Pay solutions.
Get Ready for eInvoicing
The Australian Government has signed up to PEPPOL to roll out eInvoicing from July 1st 2022. The Federal Government has mandated eInvoicing transactions from 1st July 2022. SQUIZZ.com has signed up with PEPPOL and has implemented a universal integration to PEPPOL so that Organisations can process eInvoicing workflows.
Adopting eInvoicing across all levels of government helps us support small businesses and improves our internal processing. Making it quicker and easier for businesses who supply us with goods and services can improve our relationships. It can also reduce administrative delays and payment issues.
Benefits for Government
The benefits of eInvoicing include:
- Reduced manual data entry and less mistakes, resulting in 'cleaner' data
- Greater accuracy and timeliness of financial and budget reporting, giving a better overview of finances and procurement practices
- Reduced risk of fraud and scams perpetrated via email due to a more secure network and direct messaging
Improve Security and Reduce Data Breaches
Digital Landscapes are full of security and data risks, both to individuals and organisations with data breaches worldwide averaging one nearly every eleven seconds and taking an average of 196 days to properly identify. Lost money, data stealing, personal information sharing and Intellectual Property breaches have become far more common with individuals and organisations increasingly becoming concerned about the security of their data and information.
Global Supply-Chain Inefficiencies
Digital Landscapes are full of security and data risks, both to individuals and organisations with data breaches worldwide averaging one nearly every eleven seconds and taking an average of 196 days to properly identify. Lost money, data stealing, personal information sharing and Intellectual Property breaches have become far more common with individuals and organisations increasingly becoming concerned about the security of their data and information.
The Future is Smart Assets
More aspects of our lives are reliant on digital technology, even if we are not aware of it. These technologies have developed out a desire to make life more efficient and remove the extensive strain manual actions place on various systems and people, both physically and financially.
Home security systems, digital assistants and automated products are fast becoming the norm and the need for these to be secure and trusted is vital, especially when they are involved in some of the personal aspects of our lives such as health tracking and personal information sharing.
The next step of evolution is a truly connected Internet of Things (IoT). This web of smart devices can be connected to the internet and each other, allowing data to be obtained and shared with any other smart device. These ‘Smart Assets’ can be linked together and perform automated actions, such as supply chain automation or a smart home lighting system.
Medical devices can automatically alert professionals of an incident and cars can detect a crash before it even occurs. These devices hold incredible power but are at risk of having that data’s security breached and exploited. With the IoT market expected to grow to 561 Billion by 2022, there is a need to provide a space for this data transfer that is trusted and secure.