Procure - to - Pay

End to end digitalisation of supply chain means getting all manual repetitive tasks of a process routed via automation. Consistent error free performance in the said area shall allow the buyers and sourcing managers to focus on strengthening supply chain and exploring savings opportunities. Our Source-to-contract / Procure-to-pay solution has modules addressing specific business needs as follows –

• E-Purchase Requisition – Raising a requisition in traditional ERP is tedious and boring leading to procrastination. Our tool is user friendly and intuitive just like latest portable device apps.
• E-RFx & e-Auction – Sending RFQs via email, waiting for suppliers’ responses, filing the offers in relevant folders, keeping track of pending offers, compiling a bids comparison, carrying out rounds of negotiations and repeating the process steps all-over again after each round – doesn’t this seem to kill the efficiency and where is the time left for strategic thinking? This is where our tool can come handy to relieve your team off of the non-value adding repetitive tasks.
• E-Approval Workflow - Hardly anything is as frustrating to a buyer as is waiting to receive the approvals from the senior management. This too in a scenario where prices are fluctuating not by weeks or days but by every few hours. On the flip side, precious time of the senior management is getting nibbled away in granting urgent approvals while being in the middle of important strategic activities. An automatic approval workflow is the win-win answer to this situation.

Spend Analytics

Data is the backbone of decision-making process. Having a dashboard that provides a real-time snapshot of the business operations’ KPIs is something that the senior management needs at the click of a button instead of waiting for the MIS report submitted by specific individuals with a default time lag inherent to the process of manual compilation. We have a solution that helps you build insightful reports at lightning speed.

Contract Management

Contract drafting, formalization, storage, retrieval and performance monitoring in line with contractual terms, timely renewals or terminations, all these tasks are critical to reap the benefits that sourcing team works hard to ascertain on the negotiation table. Achieving this becomes much smoother and faster when supported by our Contract Management solution.

Vendor Portal

Data collaboration is one of the best business practices for an effective supply chain. Our tool helps to share data right from pre-shipment alerts through in-transit information till goods receipt at destination. Information about production forecasts, supply schedules, payments, quality ratings, warranty claims or rejections, all can be communicated in real-time via our Vendor portal tool improving suppliers’ performance.

Develop Sourcing Process & Organization Structure

While the price is always most important element on the negotiation table, TCO approach is required for a project of wider scope and longer duration encompassing the total cost of ownership. Our experience comes in handy to assist you in tackling critical high value project negotiations. Similarly, we have proven expertise in sourcing of Renewable Energy.

Supplier Discovery & Footprint Optimization

Right supplier or service provider selection is like half the sourcing job done. We help you to find suppliers providing good quality products with economical prices. We also ensure that the suppliers use latest technology and business practices. We have special prowess in supplier aggregation for MRO, Multi-year IT contracts, packaging sourcing, 3PL logistics, supplier rationalization, long-term leasing of commercial or Industrial spaces.

Contracts Management

Contract if properly administered can prove to be strategic differentiator. Having an exposure across the length and breadth of the subject of contract management, we are in a unique position to help you realise this potential power. The risks associated with poor management of contracts are too costly to be ignored. Subject matter experts in our team can impart necessary trainings, refine the process flow, implement the best practices and assist in finding suitable technology as well.