Audience
Enterprises seeking a digital procurement solution to optimize their procurement management operations
About Procol
Best procurement software that is flexible, user-friendly, cost-effective, enterprise-grade secure, and can be deployed in under 7 days to optimize your procurement management. Consolidate your entire spend and achieve higher cost savings. Gain 100% spend visbility with end to end audit trails. Save time from manual follow ups and automate procurement tasks. Become the customer of choice for all your suppliers. Centralize all of your requests by moving sourcing activity out of email inboxes to streamline request management and create structured data via eSourcing. View supplier bids and responses side-by-side / Build RFPs, RFQs, and RFIs in minutes with a tool designed for sourcing. Deliver higher cost savings with 45+ unique bidding algorithms. Discover prices like never before. Save thousands of hours by providing a supplier portal to manage communications, transactions and issue resolution.
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Company Information
Procol
India
www.procol.io
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GEP SMART
GEP SMART is an AI-powered, unified source-to-pay (S2P) procurement software that brings end-to-end procurement functionality for both direct and indirect spend management into a single, cloud-native platform. It features a range of procurement tools built into one unified procurement system; eliminating the need for separate, stand-alone software, modules, or tools for managing specific functions. GEP SMART aims to help streamline the end-to-end procurement process, accelerate digital transformation, elevate a procurement team’s performance, and enhance its strategic reach and impact on the business.
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Medius
Simplicity shouldn’t be complicated. Medius makes AP autonomous—using intelligent technology to reimagine how invoices move into and through your business via a process that you don’t have to touch and that gets smarter with every step. Automate the entire source-to-pay process with the Medius Accounts Payable suite. Simplify and automate your entire AP process by removing paper and manual invoice keying, matching, and processing. You’ll always have full visibility of invoices, spend and cash flow to ensure you can close the books on time, every time. Remove complexity, reduce fraud and save money by improving the payments process in your organization. Medius Pay overhauls the way you pay your suppliers, removing manual processes such as processing checks, and promotes automated working instead. Empower your procurement team with the tools they need to eliminate maverick spend.
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Vendorful
Vendorful offers a suite of solutions for e-sourcing and vendor management. From vendor (supplier) selection to contract renewal, the platform simplifies complex processes, eliminates “busy work,” and reduces risk while delivering strong ROI. Modules include e-Sourcing, Reverse Auctions, Vendor Management, Vendor Scorecarding, Contract Administration, and Compliance Questionnaires. The product’s point-and-click interface and automated data aggregation quickly replaces cumbersome Excel spreadsheets and shared drives. And, as an API-first product, Vendorful can integrate into a range of other systems including, but not limited to, e-procurement applications, finance systems, ERPs, e-signature solutions, single-sign-on systems, and third-party risk applications.
Offered in public and private cloud configurations, Vendorful serves SMEs and enterprises across verticals including Financial Services, Not-for-Profit, Higher Education, Retail, and more.
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Promena
Founded in 2001, Promena stands out as a dynamic force in the digital transformation landscape, continually strengthening its global position through enduring partnerships and a growing customer base. This platform, armed with versatile modules, offers E-Sourcing to optimize sourcing activities with unmatched efficiency. E-Procurement streamlines procurement processes, ensuring cost-effectiveness. Contract Management simplifies handling complex contracts, enhancing compliance. Supplier Relationship Management nurtures robust supplier ties. Quick RFQ facilitates swift, precise quotation requests, boosting responsiveness. The Supplier Network fosters a thriving ecosystem for seamless supplier interactions.
Together, these modules position Promena as an all-encompassing solution for contemporary business hurdles, advancing operational optimization and strategic growth. Embrace the change with Promena, and witness a transformation in business efficiency and relationships.
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Product Details
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SaaS
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