Procurement Power

Procurement Power

Serex Procurement Solutions
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About

JETRACT is a cloud-based procurement software. It offers E-Procurement solutions such as electronic auction, request making, bid collection, approval process and delivery tracking. It develops software for you to conduct strategic procurement. In addition to cost and time saving, our solutions increase reportability and transparency. Bring your suppliers together on an electronic platform, benefit from the competitive environment and make efficient auctions. Increase your saving rates through different auctions that are tailored to your needs. Transfer your procurement process to the electronic environment. Manage the phases of bid collection, supplier evaluation, bid comparison, approval process, order, payment and delivery tracking through a single platform. Examine and report the project and department-based purchases. Add your peripheral units, departments, project or field teams to the system, make purchasing requests easier for your central procurement teams.

About

Squeezing the last reasonable margin out of your suppliers is tricky and is considered an art. It is a fact, when purchasing, suppliers are not always giving you the best price. It is always a cat and mouse game of how margins are dispersed between your pockets and the suppliers’. Best price, among other things, is a function of how much the supplier wants your business and/or is worried about losing it. But how does one illustrate that fact vividly & quickly? Procurement Power creates a very quick and easy environment where suppliers bid against each other and see their relative bid positioning very clearly, ultimately leveling the playing field. Many fortune 500 companies have realized the power of this type of purchasing and have been forcing most of their suppliers through one type of auctioning system or another for a number of years. It is a fact, any purchase has associated costs. These costs typically vary based on the item being purchased, amount of negotiations required.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Enterprises searching for a cloud-based procurement software for their electronic auction, bid collection, approval process and delivery tracking processes

Audience

Suppliers seeking a solution to bid against each other and see their relative bid positioning

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Not Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

JETRACT
Founded: 2016
Turkey
jetract.com/en

Company Information

Serex Procurement Solutions
Founded: 2013
Canada
www.serexprocurementsolutions.com

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RapidQuote

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Alternatives

ProcureHere

ProcureHere

Privasia
ALTO eProcure

ALTO eProcure

Innovation Centric Group

Categories

eProcurement Supported
Procurement Supported

Categories

Procurement Supported

Procurement Features

Asset Management Not Supported
Auction Management Supported
Bid Management Not Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Not Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Not Supported
Spend Management Not Supported
Supplier Management Not Supported

Integrations

Amazon Web Services (AWS) Supported

Integrations

Amazon Web Services (AWS) Not Supported
Claim JETRACT and update features and information
Claim JETRACT and update features and information
Claim Procurement Power and update features and information
Claim Procurement Power and update features and information