Doing Business with LexisNexis

LexisNexis continues to invest in breakthrough technology to bring efficiencies to the procurement and accounts payable processes. At LexisNexis, we utilise our technology to:

  • Source suppliers
  • Support BBBEE and SMME’s
  • To produce RFP’s and tenders
  • Implement purchase orders
  • Source a solution
When sourcing suppliers, we are mindful of the fact that the total cost of ownership is very important. At LexisNexis, we utilise databases such as our Potential Supplier Application database which identifies or locates new suppliers to do business with.

The criteria important to us at LexisNexis in selecting potential sources of supply include:

  • Pricing
  • Quality
  • On-Time delivery
  • Excellent Communication
  • Integrity
  • Technical Competence
  • Environmental Protection
  • Supplier Financial Stability
  • Willingness to share business risks
  • Warrantees, after sale services and spare parts
Where Electronic Purchase Orders are concerned, software is currently been explored and we expect this system to be implemented fairly soon.