Slingshot News

Slingshot News

October 31, 2016

Slingshot now allows customers to tag any field on any record as “audited”.  Once tagged, the applications automatically record the activity responsible for the change, before and after image of the field, the user who changed it and the date and time of the change.  This facility is especially valuable for pharmaceutical manufacturers and other regulated industries that require a complete and permanent audit trail covering all data changes.  The audit trail can be viewed by user, date, transaction, record or field.  Simple to use forms allow you to browse the information using any combination of these items.  For example, who changed the standard cost field on...


September 21, 2016

Intra-Cellular Therapies is a biopharmaceutical company focused on the discovery and clinical development of innovative, small molecule drugs that address underserved medical needs in neuropsychiatric and neurological disorders by targeting intracellular signaling mechanisms within the central nervous system.  ITC is using Slingshot’s inventory to track balances and lot genealogy information received from contract manufacturers.


June 27, 2016

Slingshot’s competitors require you to manually copy the lines from your web shopping cart into a requisition or purchase order.  Slingshot automates this process.  Shop on your supplier’s web site in the normal manner.  When you are ready to check out, click a button and the contents of your shopping cart are instantly copied into a Slingshot Requisition or Purchase Order.   Slingshot automatically adds the items selected to its product master table and maintains a relationship between your stock number and the supplier’s.  This avoids the creation of duplicate products when the same item is purchased at a later date.

“Shopping Cart Copy” saves time and...


March 25, 2016

Slingshot requisitioners, buyers and approvers can now view available funds for each request or purchase order line.  This ensures that budget controls are respected at each point in the procurement process.  The improved visibility encourages users to moderate spend in early periods which helps promote a favorable variance at year end.

A red Over Budget label appears when a purchase would overspend the year to date budget.  

 

Click the label and the user is shown “Current month”, “Year-To-Date...


February 26, 2016

Procurement PunchOut” is the interaction between a vendor's web storefront and a buyer's procurement application.

Slingshot supports PunchOut when creating either requisitions or purchase orders.  Click a link to access your supplier’s web site.  Shop on the site and check out.  The contents of your shopping cart are returned to Slingshot and added to the current requisition or purchase order.   Once approved, a purchase order is automatically transmitted to the supplier.  

A parameter now allows you to enforce a final buyer review of the PunchOut purchase order before it is transmitted. A second new feature allows you to modify...


January 29, 2016

Today’s buyers are increasingly relying on the Internet to streamline procurement processes.  However, many applications still treat the Internet as an external source of information.  Only Slingshot integrates the ability to shop the web for any item on a request or PO.  Simply click a link within Slingshot and a new browser tab opens listing suppliers and prices for the item selected.  A second link allows you to compare you own purchase history for the item including supplier performance.  You can expand your search to include similar items.  When you believe you have identified the source supplier you can “tentatively” add it to the requisition line....


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