Procurement Power

Procurement Power

Serex Procurement Solutions
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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.

About

Simbuy increases the supplier database, streamlines material and service management purchasing, and launches bids within the platform. Overseeing the acquisition, storage, and distribution of materials and services to support organizational operations efficiently. Market conditions, competitors, and customer preferences, enabling informed decision-making and strategic procurement planning. We save all your purchase history highlighting buying patterns, preferences, and trends, to help your company make better decisions. Launch custom RFQ directly targeted to your supplier database. Award the RFPs and let Simbuy save all your price and volume information for better decision-making. Efficient sourcing, cost savings, risk mitigation, relationship building, and data-driven decision-making, all contribute to improved procurement effectiveness and organizational success.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

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

Audience

Companies looking for a trusted purchasing management platform

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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:

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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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

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

Company Information

Simbuy
Founded: 2022
Argentina
www.simbuy.io

Alternatives

Alternatives

eBuyerAssist

eBuyerAssist

Eyvo eProcurement
ProcurEngine

ProcurEngine

AgileApt Solutions

Categories

Categories

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Integrations

No info available.

Integrations

No info available.
Claim Procurement Power and update features and information
Claim Procurement Power and update features and information
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Claim Simbuy and update features and information