5 Myths About SCM Software Debunked

Myth 2: SCM Software Is Difficult to Use

The perception that SCM software is challenging to use stems from experiences with older, less user-friendly platforms. Senior leaders often worry about needing excessive training for their staff on how to use the platform. Sometimes, this can prevent businesses from investing in the software as they don’t think their business has the capacity to invest in training.

However, modern SCM solutions have made significant strides in usability and accessibility with user-friendly platforms

Today’s SCM software often features:

• Intuitive interfaces
• Customisable dashboards
• Mobile compatibility
• Robust training and support options

That’s why Prosure360 has been designed as an intuitive platform that is simple and easy to use, meaning you won’t require excessive training to get to grips with the software. Prosure360 also does all the heavy lifting in relation to mobilisation, management reporting, and supplier onboarding.

These advancements ensure that employees across various departments can easily adopt and benefit from the software, regardless of their technical expertise.

Myth 3: SCM Software Is Only Useful for Large Companies

The misconception that SCM software is exclusively beneficial for large enterprises with numerous suppliers overlooks the value it brings to businesses of all sizes.

Key benefits of SCM software for companies of all sizes:

• Demonstrate supplier compliance
• Find qualified and insured service providers
• Manage risk effectively
• Improve visibility across the supply chain

Even small businesses with a handful of suppliers can benefit from the enhanced control and efficiency that supplier management software provides.

Myth 4: SCM Software Only Deals with SSIP

While Safety Schemes in Procurement (SSIP) certifications are important, modern supplier management software offers much more comprehensive supplier management capabilities.

A lot of other big schemes will just offer SSIP assessments or a very narrow range of assessments that are set in stone. Whereas we wanted Prosure360 to provide a level of customisation unlike any other platform.

That’s why, as well as providing SSIP assessments, Prosure360 also enables you to set bespoke questions. This gives our clients all the background knowledge they need to make an informed choice about which suppliers and contractors to work with.

Partnered with Red Flag Alert, Prosure360 also gives suppliers and contractors a financial risk score of gold, silver, or bronze. This allows you to see your service providers’ financial performance and make an educated choice about whether to work with them.

Not to mention, Prosure360 also allows you to define the criteria for your suppliers and contractors through the onboarding process. By communicating your exact requirements to Prosure360, you have the power to set the criteria relating to ESG and net zero; this can then be relayed to the supply chain.

Supplier performance management is vital for taking full control of your supply chain, ensuring quality, consistency, and compliance. By proactively evaluating and addressing performance metrics, businesses can identify areas for improvement, mitigate risks, and maintain a competitive edge.

Prosure360 uses real time data to give you total visibility of your suppliers’ insurances, professional memberships, and financial status. Our unique software allows you to easily monitor and report on supplier performance, ensuring compliance and enabling informed decision-making. It also requires suppliers and contractors to upload accurate data, and ensures it comes from a viable source.

This holistic approach to supplier management enables businesses to make more informed decisions and build stronger relationships with their suppliers.

Myth 5: SCM Software Cannot Be Customised

The belief that SCM software lacks customisation options is true for some platforms.

Don’t let outdated misconceptions hold your business back from leveraging the power of SCM software. Embrace this technology to enhance your supply chain management, improve supplier relationships, and take your business to the next level.

Ready to harness the power of supplier management software? Book a demo with Prosure360 today!