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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Factor.io is a powerful supplier collaboration platform designed to streamline manufacturing operations. With its easy-to-use interface, manufacturing companies can effortlessly track purchase orders and create supplier performance scorecards, enabling them to predict disruptions, reduce costs, and strengthen supplier relationships. By leveraging Factor.io's intuitive features, companies can easily manage their supply chain, enhance operational efficiency, and drive business growth.

Description

The ideal procurement software should be adaptable, easy to use, affordable, secure enough for enterprise needs, and capable of being implemented within a week to enhance your procurement processes. By consolidating all expenditures, you can unlock greater savings and achieve complete visibility into your spending with comprehensive audit trails. This tool will help you eliminate time-consuming manual follow-ups by automating procurement activities, positioning you as a preferred customer for your suppliers. Furthermore, it enables you to centralize all requests, shifting sourcing activities away from cluttered email inboxes to improve request management and generate organized data through eSourcing. You can compare supplier bids and responses side-by-side and build RFPs, RFQs, and RFIs in just minutes with a user-friendly sourcing tool. With access to over 45 distinct bidding algorithms, you can realize unprecedented cost savings and discover pricing like never before. Additionally, by offering a supplier portal for managing communications, transactions, and resolving issues, you can save countless hours and streamline your procurement efforts even further. Embracing this software will not only enhance efficiency but also strengthen relationships with suppliers, ultimately leading to better business outcomes.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

WhatsApp No 

Integrations

WhatsApp Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs No 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

Factor.io

Founded

2018

Country

United States

Website

www.factor.io

Vendor Details

Company Name

Procol

Country

India

Website

www.procol.io

Product Features

Manufacturing

Accounting Integration No 
ERP No 
MES No 
MRP No 
Maintenance Management No 
Purchase Order Management Yes 
Quality Management Yes 
Quotes/Estimates Yes 
Reporting/Analytics Yes 
Safety Management No 
Shipping Management Yes 

Product Lifecycle Management

Change Management No 
Compliance Management Yes 
Cost Tracking Yes 
Design Management Yes 
Document Management Yes 
Product Data Management No 
Project Management Yes 
Requirements Management Yes 
Supplier Management Yes 

Sourcing

Auction Management Yes 
Budget Management No 
Collaboration Yes 
Global Sourcing Management Yes 
Rfx Management Yes 
Spend Management Yes 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management Yes 
Supplier Web Portal Yes 
Template Management No 

Supply Chain Management

Demand Planning No 
Electronic Data Interchange No 
Import / Export Management Yes 
Inventory Management Yes 
Order Fulfillment Yes 
Order Management No 
Sales & Operations Planning Yes 
Shipping Management Yes 
Supplier Management Yes 
Transportation Management Yes 
Warehouse Management No 

Product Features

Procurement

Asset Management No 
Auction Management No 
Bid Management No 
Budget Management No 
Catalog Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

RFI

RFQ

Sourcing

Auction Management No 
Budget Management No 
Collaboration No 
Global Sourcing Management No 
Rfx Management No 
Spend Management No 
Supplier Management No 
Supplier Qualification No 
Supplier Risk Management No 
Supplier Web Portal No 
Template Management No 

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