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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and buyer networks continue to grow in complexity, the technology employed to navigate these networks often relies on outdated applications and processes.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
A straightforward, efficient, and robust tool designed to enhance your organization's procurement application software capabilities. This negotiation suite caters to all varieties of software procurement services and the sale of surplus materials. It features user-friendly tools for RFI, RFP, RFQ, Reverse Auctions, and Forward Auctions. The platform also enables the seamless digital onboarding of e-procurement solution providers for new suppliers, which encompasses their evaluation, approval, performance management, and online bill acceptance. Additionally, it includes a note for approval function that automatically selects approvers based on predetermined Delegation/Schedule of Authority tailored to different purchasing groups. Comprehensive contract management and software procurement services are also part of the offering, along with the ability to select templates from a centralized repository and modify them with workflow-based approvals from legal teams. Furthermore, each vendor is granted a dedicated personalized workspace where they can access details about past participations, upcoming events, bill submissions, and record updates, ensuring a transparent and organized process. This multi-faceted approach not only simplifies procurement but also fosters better relationships with suppliers through improved communication and efficiency.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
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
AgileApt Solutions
Founded
2014
Country
India
Website
www.procurengine.com
Product Features
Product Features
Procurement
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