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Description
Procurement serves as the main avenue through which organizations engage with their external business counterparts. As both supplier and buyer networks continue to grow in complexity, the technology employed to navigate these networks often relies on outdated applications and processes. While procurement teams excel in negotiating contracts, they frequently face challenges when it comes to their implementation. Traditionally, the functions of legal, procurement, supply chain, and finance have operated in a fragmented manner, optimizing their own internal processes without cohesive integration, which is further complicated by conventional ERP systems that cannot efficiently manage business rules and volume discounts across various divisions, subsidiaries, and partners. This increasing complexity in contract execution requirements leads to significant contract leakage for large organizations, creating a disparity between the savings that are negotiated and those that are ultimately realized. Consequently, organizations must reevaluate their procurement strategies to close this gap and enhance efficiency.
Description
SIMBA Chain empowers organizations to capitalize on the untapped potential of their physical and digital assets by utilizing Smart Contracts and Non-Fungible Tokens (NFTs). Featuring user-friendly interfaces, APIs for building data connections, and sustainable blockchain applications, as well as NFT marketplaces, SIMBA Chain's innovative methodology allows users to transform chaotic critical data into structured formats through intuitive drag-and-drop, graph-based interfaces that establish secure relationships via the immutability of blockchain technology. With the Smart Contract Designer UI, users can easily define connections between their digital assets, enhancing the querying process to be more straightforward and effective. The platform automatically generates Smart Contracts and APIs, providing a versatile API compatible with various blockchain systems, thereby eliminating reliance on a single blockchain or distributed ledger technology. SIMBA Chain is compatible with multiple platforms, including Ethereum, Quorum, Stellar, RSK, Binance, Ava Labs Avalanche, and Hyperledger Fabric, among others, ensuring flexibility and adaptability in asset management. This comprehensive approach makes it easier for organizations to leverage their assets and streamline operations across different blockchain environments.
API Access
Has API
API Access
Has API
Integrations
Avalanche
BNB Smart Chain (BSC)
Ethereum
Hyperledger Fabric
RSK
Stellar
Integrations
Avalanche
BNB Smart Chain (BSC)
Ethereum
Hyperledger Fabric
RSK
Stellar
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
EY
Country
United Kingdom
Website
www.ey.com/en_us/blockchain-platforms/contract-manager
Vendor Details
Company Name
SIMBA Chain
Founded
2017
Country
United States
Website
simbachain.com