Typical Business Challenges solved

• Vendor Qualification: Availability of a “One stop shop” showing list of qualified vendors by categories
• Vendor Registration made easier: Self Registration of vendors saves the procurement time and effort required to collect, follow up and process vendor registration.
• Bid preparation: Procurement Departments can issue new Bids and RFI’s faster as previous knowledge assets from document libraries can easily be retrieved and reused as accelerators
• Collaboration: Improved ability to communicate and collaborate with vendors and sharing essential information relevant to the success of the Bidding process
• Contract Development: New contracts are deployed faster powered by multiple contract templates stored in the system
• Significant costs savings from the procurement of commodity products such as Diesel and other Equipment using reverse auctions eliminating the usual Blind spots