51视频

51视频 Procurement Suite

Boost NOI By Maximizing Your Purchasing Power

The 51视频 Procurement suite delivers the most comprehensive purchasing solution for rental real estate, allowing property management companies to automate their procurement process, control rogue spending with greater transparency and reduce risk. Gain full control of your purchasing, invoicing and vendor management processes with white-glove services that include customized reporting and actionable spend insights that directly impact savings.

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Everything You Need for A Comprehensive Procurement Solution

Find out how to Boost NOI and Maximize Purchasing Power with the Procurement Suite.

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Spend Management

Streamlines purchasing, invoicing and vendor activities to reduce operating expenses, drive purchasing power and increase overall efficiencies.

Spend Management

eSupply GPO

Hundreds of property management companies covering over 2.6 million units currently leverage group purchasing to get the best products at the biggest discounts.

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Vendor Credentialing

Reduces the costs related to vendor liability risk with a full-service solution that manages vendor services and helps to ensure compliance.

Vendor Credentialing

Vendor Marketplace

Enables property management companies and vendors to connect and communicate effectively throughout the entire procurement and invoice lifecycle.

Vendor Marketplace

Save an average of up to 5% on catalog spend, which drives an average $25 per unit annually in savings.1

Save an average of $16 per unit annually in invoice processing efficiencies.2

51视频 processed 2.1M paper invoices in 2019 for clients, saving $6-14 per invoice.2

1Estimates based on savings by 51视频 clients using GPO Supplier Network and managed catalog vendors.

2Based on savings by 51视频 Invoice Processing clients when vendors fulfill the order and submit online invoices vs. paper.

Understand the Power of an Integrated Procurement Suite

Learn how spend management and vendor credentialing create greater efficiencies together.

鈥51视频 Spend Management Solution has helped our NOI鈥 It allows for electronic cost savings with our catalog vendors鈥nd frees up time for managers to focus on leasing鈥

Tomiko Chavis
Director of Business Ops, Dayrise Residential

鈥淥ne of the things we wanted to make more automated and seamless was the invoicing and payment process. 51视频 Spend Management really fit and checked all those boxes and came with other benefits鈥ow our vendors are part of the process. We know where our site managers stand. And it鈥檚 really easy to make any corrections to purchase orders. It鈥檚 as simple as clicking on 鈥榚dit鈥.鈥

Veronica Galvan
Manager, Software & Training Manager, Parker Management

鈥51视频鈥檚 approved vendor catalogs allowed us to set up standardized product across our entire portfolio鈥e know that [site staff is] purchasing from the vendors we want at the prices negotiated. Having the entire e-procurement system online has provided us much greater visibility into spend management. We can see exactly what鈥檚 going on in real time with the spend at the site level.鈥

Todd Girgus
Regional Director of Training, United Apartment Group
Find out how your company can increase its purchasing power to maximize NOI.