Reverse Auction

  • Configurable Bid Rule Engine
  • Role Specific Views – Creator, Publisher, Moderator, Approver
  • Instant Messaging mechanism to chat with Auction Moderator during Auction
  • Real Time Bidding
  • Comprehensive Auction Evaluation and Approval Mechanism
  • Proactive Alerts & Notifications

Supplier Information Management

  • Comprehensive Onboarding Form with flexible option to add additional fields
  • Built in Validations - PAN, GST, Bank Details, MSME
  • BPMN based configurable Workflow Engine
  • In-built query management functionality
  • Supplier Profile Management
  • Auto Vendor Creation and Updates in ERP

Payment Management

  • Invoice Payment Status Visibility
  • Vendor Account Statement Visibility
  • Early Payment Request Mechanism
  • Discount percentage Configuration functionality - Supplier Wise
  • Auto calculation of discounts
  • Notifications of Bill Discount Request

Sourcing

  • Configurable RFQ form with PR and Non-PR based options
  • Exhaustive Review Mechanism before RFQ publishing
  • Auto Suppliers Quote Comparison
  • BPMN-based configurable Workflow Engine
  • Proactive Alerts & Notifications
  • Auto Order Creation in ERP

Invoice Processing
and Posting

  • Built-in workflow engine to handle Invoice approval workflow and duplicate check
  • OCR and Posting of Invoice entry in ERP via RPA
  • Integration with leading AP Invoice Automation Solution for Invoice Extraction, Invoice Processing, exception identification, workflow, and auto posting in SAP

Order & Delivery

  • Order Details & Status Visibility of Open and Closed POs
  • Order Acknowledgement and its Status Update in ERP
  • Order Items Delivery Visibility
  • Goods Receipt Status Visibility
  • Advanced Ship Notice (ASN) creation & Document Generation along with bar code
  • Inbound Delivery Creation in ERP

Contracting Lifecycle Management

  • Contract document authoring and editing
  • Comprehensive Clause Library
  • Configurable Workflow Engine
  • Reminders and Notifications
  • Auto Contract creation in ERP via RPA

Invoice Management

  • Invoice Upload Mechanism supporting all Invoice types
  • Functionality to attach supporting documents
  • Auto Digital Signature Verification
  • QR code reading for IRN-based invoice
  • Built-In Invoice Workflow
  • Invoice status visibility - Approved, Paid etc., and Invoice Payment Visibility