mjPRO Features
What are the features of mjPRO?
Planning
- Processes
- Contracts
- Content
- Requisition
Execution
- Sourcing
- Purchasing
- Invoicing
Analytics
- Visibility
- Performance
- Spend
Supplier Marketplace
- Library
- Categorization
- Data Management
Contract Management
- Compliance
Project Management
- Dashboard
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Setup
Data | Consolidates procurement data from multiple systems such as ERP systems and supply chain suites. | Not enough data | |
Approvals | Define rules and workflows that managers can use to approve different kinds of spending. | Not enough data | |
Alignment | Align spending across various departments such as procurement and accounting. | Not enough data |
Performance
KPIs | Provide standard spend KPIs that can be customized by users. | Not enough data | |
Benchmarks | Use historical spend data to create benchmarks per company or department. | Not enough data | |
Forecasting | Provide forecasts on future trends that may impact spending performance. | Not enough data | |
Savings | Identify savings opportunities per activity, department, or at the company level. | Not enough data |
Planning
Processes | As reported in 117 mjPRO reviews. Manage workflows and business processes for procurement. | 93% (Based on 117 reviews) | |
Contracts | Based on 115 mjPRO reviews. Provide standard procurement contracts that can be customized. | 90% (Based on 115 reviews) | |
Content | Based on 115 mjPRO reviews. Maintain a repository of content such as catalogs and other documents. | 91% (Based on 115 reviews) | |
Requisition | Define requisition rules for various types of procurement. 112 reviewers of mjPRO have provided feedback on this feature. | 91% (Based on 112 reviews) |
Execution
Sourcing | Identify and assess suppliers for different products and services. This feature was mentioned in 122 mjPRO reviews. | 90% (Based on 122 reviews) | |
Purchasing | Based on 118 mjPRO reviews. Create and manage purchase orders for products and services. | 91% (Based on 118 reviews) | |
Invoicing | As reported in 111 mjPRO reviews. Include features for procurement invoicing and e-invoicing. | 89% (Based on 111 reviews) |
Analytics
Visibility | Improve visibility into procurement activities across the company. 121 reviewers of mjPRO have provided feedback on this feature. | 93% (Based on 121 reviews) | |
Performance | Monitor the performance of procurement operations. 123 reviewers of mjPRO have provided feedback on this feature. | 92% (Based on 123 reviews) | |
Spend | Analyze procurement spending and identify future trends. 114 reviewers of mjPRO have provided feedback on this feature. | 92% (Based on 114 reviews) |
Payment Cards
One-time Virtual | Online credit card number that can be instantly sent to employees and used for secure, one-time purchases | Not enough data | |
Recurring Virtual | Online credit card number that can be instantly sent to employees and used for secure, recurring payments, such as subscriptions or services | Not enough data | |
Physical | Physical credit cards used by employees for various expenses that allow management to monitor spending and budgets | Not enough data |
Reporting
Real time | Report on spend transactions as they happen in real time | Not enough data | |
Multiple Views | Reports that allow the user to sort and filter by vendor, team, GL, department, etc. | Not enough data | |
Export | The ability to export reports in various formats, such as excel, CSV, and Google Sheets | Not enough data | |
Budgets | Report on and track spending against budgets | Not enough data |
Payments
Vendor | Pay vendors through a dashboard or portal and maintain vendor payment information | Not enough data | |
Recurring | Manage and execute recurring payments, such as subscriptions, services, utilities, etc. | Not enough data | |
Employee Reimbursements | Reimburse an employee for all necessary expenditures or losses incurred by the employee within the employee's scope of employment | Not enough data | |
ACH | Allows for the electronic transfer of funds between banks | Not enough data |
Fraud & Risk Management
Notifications | Real-time notifications for fraudulant and/or duplicate spending | Not enough data | |
Unique Cards | Individual, unique cards for each vendor to help manage duplicate and overpayments | Not enough data | |
Controls | Control spend limits, expiration dates, and lock and unlock stolen or lost cards | Not enough data |
Supplier Marketplace
Library | As reported in 31 mjPRO reviews. Provides a centralized library containing product data. | 76% (Based on 31 reviews) | |
Categorization | Enables users to assign custom categories to products. This feature was mentioned in 32 mjPRO reviews. | 81% (Based on 32 reviews) | |
Data Management | Creates and manages product catalogs. This feature was mentioned in 29 mjPRO reviews. | 81% (Based on 29 reviews) |
Contract Management
Compliance | As reported in 31 mjPRO reviews. Assists with maintaining compliance with controlled processes, automated tracking, and audit trails. | 80% (Based on 31 reviews) | |
Negotiations | Provides organizations with the tools and data they need to negotiate contracts more effectively, such as data analysis, collaboration, and contract management. 28 reviewers of mjPRO have provided feedback on this feature. | 75% (Based on 28 reviews) |
Data Collection
Spend | Increases spend visibility into pricing and unintended or excessive use of discounts or promotions by customers. This feature was mentioned in 25 mjPRO reviews. | 75% (Based on 25 reviews) | |
Compliance Reports | Based on 26 mjPRO reviews. Identifies noncompliant spending, fraud, and other activity outside of company policy. | 78% (Based on 26 reviews) | |
Savings | Analyzes spending patterns and identifies areas to reduce costs. 27 reviewers of mjPRO have provided feedback on this feature. | 76% (Based on 27 reviews) |
Project Management
Dashboard | Provides a dashboard for searching and reporting on contracts and projects. This feature was mentioned in 31 mjPRO reviews. | 82% (Based on 31 reviews) | |
Repository | Based on 27 mjPRO reviews. Manages contracts in a single, online central repository. | 78% (Based on 27 reviews) | |
Lifecycle | Manages the entire contract lifecycle process by providing visibility into projects and allocating resources across sourcing initiatives. This feature was mentioned in 28 mjPRO reviews. | 80% (Based on 28 reviews) |